Business for Sale Overview:
The stores are five miles apart. 2009 sales were up 4% in a weak economy! The larger store has a 12 plus year lease below market rate. Both stores have a full time manager. I replaced one manager with a working owner to arrive at the $374,000 cash flow.
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Property Features and Assets:
Both stores are on numbered roads with good parking.
Each has a 15 door walk-in cooler with point of sale computer systems. One store is 5,600 square feet. The other is 2,500 square feet. Both are neat and clean.
Market Competition and Expansion:
Both have average competition. Both continue to grow!
Reason for Selling:
New venture.
Additional Details:
- The property is leased.
- 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.