Absentee Owners Dream! RE Available!

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Asking Price:
$365,000

Gross Revenue:
$1,139,631
Cash Flow:
$111,723
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$227,122
included in asking price

FF&E:
$186,400
included in asking price

Real Estate:
$749,000
not included in asking price

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Business Description

2 Truck Accessory stores for sale in Jacksonville. Absentee owned business is ready for a new owner with fresh energy!. Both locations have managers in place (financials NOT adjusted for owner operated). Lease the stores or buy the Real Estate ($749k per location). Both high traffic locations with plenty of traffic! HUGE potential for the motivated buyer that can add systems and increase sales with dealerships. New owner could work limited hours. Ideal turnaround business. Assets of over $400k not including build-out costs. $150k down and seller will finance the rest. Seller has another business and no time for this one. Call today for NDA.

About the Business

Year Established:
1986
Number of Employees:
7 FT
Real Estate:
Owned
Facilities:
Real Estate available at $749k for each location. 50% Seller financing available for Real Estate. Seller will rent both facilities for $7000 per month, additional terms to be negotiated.
Market Outlook/
Competition:
Longtime business (30 years) with 2 unique locations for customers. Diversified products make this a great opportunity.
Growth & Expansion:
Extensive opportunities for growth with semi-absentee owner that can grow tthe sals and relationships with auto dealers.
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About the Sale

Reason For Selling:
Seller has other businesses.
Training/Support:
Will train for 2 weeks @ no cost.
No special skills required. Increase sales by working with dealerships and also add additional services like window tinting, audio and more to grow this
stagnant business.
Seller Financing:
$150k Down/ $215k for 48 mos. @ 6%.

Listing Info

ID:
1268667
Ad Detail Views:
1222

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Business Listed by

Kimberly Deas

Murphy Business & Financial Services

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Source: Decennial Census (2010), United States Census Bureau.

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