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Business For Sale

High-End Hobby Shop

New Orleans, LA, USA

Services: Business and Office

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$129,000
Not Disclosed
Not Disclosed
$36,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2005
3
1166344

Business for Sale Overview:

The Company offers a large variety of products ranging from Hi-Performance Gas and Electric Boats, Monster Trucks, 1/10th, Super-10, 1/8th, and 1/5th scale on road cars, 1/10th, 1/8th, and 1/5th scale buggies, Hi-Performance Electric, Gas, and Nitro Motors, Tuned Pipes, custom Tuned Pipes, Race Fuels, Electric or Nitro Planes, Gas and Electric Helicopters, Submarines, Estes Rockets, Hi-Powered Rockets, Pine Wood Derby Cars and so on! In addition to the regular hobby shop operations, the Company offers many unique services. Such as, World Wide Shipping, Custom Hand Laid Fiberglass Boats ranging from 24" to 96", Custom Machine work and Machine Shop Services, Custom Painting, Custom Built Airplanes, in House Repairs and Service on all Vehicles at an affordable price, Custom built On Road Cars, Drag Cars and Trucks, in House work area for you to work on your R/C Cars and Trucks, and a special built room for tuning and breaking in your R/C Motors. Lastly, the Company also does contract work. Contracts range from Scale Ship Models, Custom Fiberglass Hood Scoops, and Computer Cases, Patent Work, and many types of Machine Work.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The business occupies 1,800 square feet of frame building that is in good condition. The parking lot can accommodate approximately 6 vehicles. The Real estate is available for purchase.

Market Competition and Expansion:

The company has one major competitor about 25 minutes away on the other side of town. The company has a competitive edge, however, because they are the sole distributors of a particular line of performance products and feature more custom, high end models than their competition. It is the owner's opinion that with more inventory the shop could gross sales of $250,000 per year at net 28%. He bases this assumption on the fact that when the store is fully stocked, the monthly sales rose to $20,000.

Reason for Selling:

Owner's focused on other aspect of industry.

Additional Details:

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

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