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Business For Sale

UPSCALE HOBBY STORE

Attn: Ken Monblatt
Boulder Colorado, CO, USA
Listing #: 36123486
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Asking Price: $100,000 USD USA Dollars
Business for Sale Industry: Retail: Non-classifiable  
Reason for Selling: Looking to re-invest in another new franchise
Year Established: 2006
# of Employees: 3
Yearly Revenues: $350,00 in first year
Yearly EBITDA: $Break even in first year
Yearly Net Profit: $Break even in first year
Monthly Payroll: $< 5,000
Total Debt: $No debt being transferred
 

Business for Sale Overview:

Remote Control Hobby stores are one of the fastest growing & successful franchise opportunities available today. Our retail hobby stores are fresh, innovative, fun and have a great reputation for R/C product depth & selection. We specialize in the following Remote Control Hobbies and their accessories: Cars, Trucks, Airplanes, Helicopters, & Boats.


Property Features and Assets:

This hobby store is located on the 28th street retail strip of Boulder Colorado. The store is located in a strip mall that is currently fully leased. This store has a premier corner location just next to a very busy well known sports store. The lease rate is extremely favorable and has a flexible "out clause" built in after 18 months if the store does not continue to succeed.


Market Competition and Expansion:

There are no other competing hobby stores within a 15 mile radius.


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 a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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