Service, Wholesale and Retail in Bucks County, PA

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Pre Approved by SBA - Real Estate Optional

Business Description

This business represents a once in lifetime opportunity to acquire a 40-year historical tradition, fully staffed management team, turnkey operation that has achieved a proven history of six figure income. The company operates from a free standing building located on a major highway in Bucks County, PA. Excellent visibility from the street, state of the art signage and ample parking. The business specializes in the wholesale and retail of hearths, awnings, fireplaces, patio furniture, barbeques and service accounts. A trained and skilled management team is in place, and the Ownership is willing to stay and train to assure a smooth and seamless transition. Ideally located in the affluent Bucks County area in Pa, this business opportunity is a great investment for an entrepreneurially spirited investor!!!
For a qualified buyer, this business has been pre-approved for an SBA (Small Business Administration) loan. A new owner would have to invest $64,000 as a down payment, and based on historical data, would make $157,000 in the first year after paying back the loan. This loan includes $100,000 in working capital from the bank.

About the Business

Location:
Bucks County, Pennsylvania
Year Established:
1980
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
6,200
Rent:
$6,750.00 Per Month
Lease Expiration:
5/31/2029
Facilities:
Freestanding building with retail and warehouse space on major highway.
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About the Sale

Reason For Selling:
Retirement &Health
Training/Support:
As needed

Listing Info

ID:
1630667
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Confidentiality Agreement (138 KB)
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Asking Price:
$475,000

Gross Revenue:
$1,337,000
Cash Flow:
$240,000
EBITDA:
$240,000
Inventory:
$100,000
included in asking price

FF&E:
$25,000
included in asking price

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Business Listed by

Stan Rubinstein

Philly Business Advisor

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