Engraving, Gifts, Trophies and Jewelry for Owner Operator

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Asking Price:
$69,000

Gross Revenue:
$118,743
Cash Flow:
$39,096
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Description

Owner operator has been providing engraving services and related gifts, trophies, and jewelry in this San Marcos, CA location for 17 years. Business enjoys repeat business customers with on-going or annual needs. Locks, plumbing fixtures, recognition awards, tags, stone plaques, plumbing fixtures, and gifts are examples of items engraved. All trade equipment is owned free and clear: engraving machines, sheers, bevel, buffer, drill press and extensive assortment of tools will convey. Credit card processor is leased.
Seller retiring and moving to Texas.
Everything you need to take over and grow this specialty business is in place. Reasonable lease in strip about 980 sqft for $2,037/mo. plus about $300/mo. CAM. Current term expires end Feb 2020 but extension can be negotiated. Approximately $25,000 inventory and $40,000 FFE included. Receivables will be negotiated at COE. Seller states 2018 Gross a little over $100,000. SDE about $24,000. 2017 Gross was $118,743, SDE $39,096. Seller will train for 20-30 days as needed. Asking $69,000. Make an offer, motivated!

About the Business

Location:
San Diego County, California
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
970
Rent:
$2,037.00 Per Month
Facilities:
In location 17 years.
Growth & Expansion:
Plenty of growth opportunity with a little marketing and energy.
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About the Sale

Reason For Selling:
moving
Training/Support:
4 weeks
Seller Financing:
13800.00

Listing Info

ID:
1600896
Ad Detail Views:
0

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Business Listed by

Linnea Westlake

Transworld Business Advisors
License# 02028068

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Sponsoring Broker:

Marshall Pollock
Transworld Business Advisors
License# BRE # 01100886

U.S. Census Data for San Diego County, CA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for San Diego County, CA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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