$138,000 cash flow with 20 year history
Location: Michigan > Kent County > Grand Rapids
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $810,000
Gross Revenue: $1,200,000
Gross Revenue Comments: 100% growth in last 5 years
Cash Flow: $138,000
Cash Flow Comments: $108,000 on Business & $30,000 on real estate
Inventory: $62,100 (Included in Asking Price)
FF&E: $26,000 (Included in Asking Price)
Real Estate: $480,000 (Included in Asking Price)
Seller Financing: Will Consider
Business Summary
Incredible West Michigan sales & service business with 20 years of growth history. Very loyal customer base with exclusive product lines. This business has doubled it's revenue in the past 5 years (even with the economy's slow down). The service department continues to grow as it adds profit centers.
About the Business
Year Established: 1988
Employees: 2 full time -
Facilities: The real estate (which is included) is perfect for this business and offers room for the projected growth. Great sales and service areas on a very high traffic street.
Market Outlook and Competition: This business has grown, despite the lack of marketing. The loyal customer base with the incredible service provided, has giving this business an edge. With a small anount of additional marketing, this business could easily grow anouther 100% in the next few years.
About the Sale
Management Training and Support: Owner is willing to stay prt-time while he completes his ministry training. he is commmitted to a smooth and successful transition.
Reason For Selling: The owner has been called to serve in the ministry and lead his church groups. Missionary work and teaching through his church.
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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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