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Sales & Service 312K cash flow
| Asking Price: | $1,650,000 | Inventory: | $1,100,000 ++ |
| Gross Revenue: | $1,300,000 | Real Estate: | $850,000 ** |
| Cash Flow: | $312,000 (comments below) | FF&E: | $65,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Add 79K more to cash flow with real estate | |||
First time ever offered. 35 year old sustainable business with one owner. Huge asset list, huge inventory and valuable real estate in this pefect little SW Michigan town. Owner wishes to retire after a great 35 year run. One of the top franchises in the world. Extremely profitable business with great people in place. SBA loans available on this business. Stop working for someone else and take control of your own future. Hurry, because business's of this type, with this history are rare. With the value of the assets, inventory and FF&E alone, this investment has little or no risk
About the Business
Year Established:1974
Employees:6 full time - 8 part time
Franchise:Yes
Facilities:Wonderful building that was custom built for this business. Nearly 20,000 sf on busy street next to main highway. The real estate sould be included with the sale and is estimated to be worth 850K. 79k was taken from the cash-flow to support the real estate.
Market Outlook and Competition:Little competiton in the area. Franchised name with favorable franchise terms. National company, growing area with a great product line. Even through the current economy, tis business continues to thrive and is expected to for decades to come.
About the Sale
Management Training and Support:Owners will train and assist in the training in addition to he franchises training program. Owner desperately wants the business to continue to grow and thrive and is committed to helping in any way they can.
Reason For Selling:Retirement afte 35 years
Seller Financing:Up to 20% for the perfict buyer
KEYWORDS: Michigan, St Joe, Benton Harbor, Lake shore, profitable, Franchise, Sales, Service, rental
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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