Profitable, Relocatable, E-Commerce Business

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Profitable, Turn-Key, E-Commerce, Relocatable, Mfg. with Huge Growth Potential
Asking Price:
$499,000

Gross Revenue:
$1,600,000
Cash Flow:
$179,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The business is on track to achieve more than $1,600,000 in revenue in 2019, a 43% increase over 2018, and $179,000 in Cash Flow, a 66% increase over 2018!!

Beginning in 2019, ownership began investing just $1,000 per month in Google advertising with no other changes to their sales and marketing efforts. This resulted in a Q1 YTD top-line revenue increase of 43.5% and a net income increase of 28.4%.

Ownership is seeking to retire and believes a new owner will be able to capitalize on the growth opportunities that exist within the Company, which easily grosses over $1,000,000 and cash flow of $100,000 per year, with virtually ZERO sales and marketing efforts.

The owner’s faith in the future under a new owner is proven in the fact they are offering SELLER FINANCING OF 60% OF THE PURCHASE!!!

Project Classic supplies classic, retro diner furniture and restores & sells old-time juke boxes, soda pop machines, kiddie rides, gas pumps, and popcorn machines.

Sales are internet based, and the business processes are transferable, so the company can be relocated ANYWHERE!!

About the Business

Location:
West Virginia
Year Established:
1999
Number of Employees:
6
Relocatable:
Yes
Facilities:
The Company operates two separate facilities. There is a 4,000 square foot showroom that also houses the main office and a 2,000 square foot facility where restoration jobs are performed. The owner of Classic controls this real estate and is open to negotiation with a buyer of the business who may also want to own one or both properties.
Market Outlook/
Competition:
Significant growth opportunities exist as the Company consistently grosses over $1,000,000 per year with virtually zero sales and marketing efforts.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The seller is open to providing training and transition under mutually agreed upon terms.
Gross Revenue
Comments:
2019 Projection (as is Cash Flow)
Seller Financing:
Seller will finance 60% of the purchase price

Listing Info

Keywords:
manufacturing, furniture, internet, restaurant, relocatable, profitable, growing, West Virginia, turn-key, growing
ID:
1438317
Ad Detail Views:
0

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Business Listed by
Jim Cohen, Managing Director, Madison Street Capital

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U.S. Census Data for West Virginia
Age

Gender

Ethnicity

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

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

U.S. Community Survey Data for West Virginia
Income

Education

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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