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Utah Business For Sale |
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| BILLARD RETAILER (POOL TABLES) |
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| Attn: David Keith |
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| Salt Lake City, UT, USA |
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| Asking Price: |
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$70,000 USD USA Dollars |
| Business for Sale Industry: |
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Recreation: Entertainment |
| Reason for Selling: |
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Illness |
| Year Established: |
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1972 |
| # of Employees: |
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1 part time |
| Yearly Gross Income: |
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$847,135 |
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Business for Sale Overview:
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This business has been established for over 35 years. The location has a traffic count passing daily of 26,520. The business has focused on mainly one high-end line throughout its history. and a mid line over the past few years. Seller is currently bringing on a lower end price point line for price driven customers. Potential to add spas, which seem to be a success with other billiard dealers. Sales have been as high as $1,451,288 in 1999 and during 2001 thru 2005 been in the mid to high $700k range. Seller began feeling ill in 2000. Sales began to drop, due to illness beginning in 2000, but have remainded in this $700k range. Seller was diagosed with cancer in 2005. He pumped sales over $800k in 2005, but 2006 and 2007 suffered due to his treatments. The business has been closed much of 2007. January thru September 2007 showed only $184,267 in sales. Great opportunity to come into this well known and highly visible business. Because of its long presence, many shoppers of pool tables visit the facility findin the doors open or locked depending on how the seller feels. Seller's wife has spent most the time at the business for the past two years. The new lower price point tables will cater to price point shoppers, which this business has never offered. Many high-end repeat customers. These customers purchase new tables when they buy new homes. Great opportunity for consignment tables due to this businesses past customer base over the years. Some contractors are customers who place tables in newly constructed homes. Business uses sub-contractors for service and delivery. Seller may be able to help purchaser get exclusive rights in Utah for its high-end Billiard Table Line based on performance.
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Property Features and Assets:
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$2500 per month rent NNN. Apx. 2600 square feet. |
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Market Competition and Expansion:
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Very little in its immediate area. Great potential with consistant open door and new lower price point line. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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