Business for Sale Overview:
Profitable business and building with over 10 acres. The business sales are a combination of genuine military surplus items and electronic testing equipment. These items are mainly sold online or wholesale to retail stores. Payment is 98% PayPal. Most items are bought below wholesale prices. Mark-up on items is minimum 100% and most are over 300%. Current inventory of military surplus will generate about $4 million in sales. Current inventory of electronic test equipment will generate about $430,000 in sales. Total projected sales almost $4.5 million. The BRAND NEW book inventory that is also included has a retail value of $167,000. 2008 business gross income was $867,909, net income of $130,261. Building gross income was $152,314, net income of $100,067. Rents are about 1/2 the current market rate. Opportunity to condense space and rent up another 35,000 square feet of space. Full occupancy would be $25,000 per month ($300,000 annually). Business includes all inventory and equipment, website, and eBay POWER SELLER account. Total acreage = 10.18. Total building = 118,640 square feet. The entire operation can be run from anywhere (seller currently lives in NY). Businesses and real estate may be sold separately.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
83,280 square feet upper floor; 35,360 square feet lower floor.
Market Competition and Expansion:
Growth/Expansion: Sales are on the increase.
Financing: Inventory financing is negotiable.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.