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Asking Price:	$195,000 USD USA Dollars
Business for Sale Industry:	Retail: Non-classifiable
Yearly Revenues:	$564,863
Yearly Cash Flow:	$64,267
Yearly Gross Income:	$564,863

Business for Sale Overview:

The business is a long established hobby retail store catering to the needs of the ever expanding hobby market. The company's focus is towards middle and upper end remote controlled cars, planes, helicopters, and boats. Coupled with a large selection of remote control products the company has a full selection of remote parts and a complete remote control service department. Additionally, the business has a large selection of plastic models, new and used Hot Wheels - Matchbox cars, slot cars, and die cast cars. All equipment instrumental to the operation of the business is included in the sales price. The business to include all furniture, fixtures, equipment (per list), $100,000 of product inventory, trade name, covenant not to compete, and training is offered for sale for $195,000. The seller will finance 10% of the sales price and it is anticipated that bank financing would be available for the balance with a down payment of approximately $30,000.

Property Features and Assets:

The business is located in approximately 2,253+/- square feet of leased space in Albuquerque, NM. The monthly rent is $1,903.77 and the current lease expires September 30, 2001.

Market Competition and Expansion:

The businesses market share is increasing due to the company's reputation for high quality products, competitive prices and timely performance.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.