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Business For Sale
WAREHOUSE CLOSEOUTS SALES
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Asking Price: |
$500,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Has other Locations |
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Year Established:
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1996 |
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# of Employees:
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4 |
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Yearly Revenues:
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$504,122 |
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Yearly Cash Flow:
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$180,000 |
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Yearly EBITDA:
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$180,000 |
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Yearly Net Profit:
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$180,000 |
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Monthly Payroll:
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$5,889 |
Business for Sale Overview:
Discounted Sales of NEW Merchandise, purchased as close out, but still very saleable merchandise. Most comes from major retailers.
Property Features and Assets:
Leases large Retail space of 26,000 Sq. Ft. Lease is a bargain at $5,300 per month.
Market Competition and Expansion:
Not much competition as there are few of these type businesses organized and operating as this one is. Has been in operation for 10 years and has full time management running the business without the owner being there.
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.
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