Advantage Business Brokers

Red Oak, IA
Mills County

Southwest Iowa


Asking Price: Annual Revenue:
$750,000 $1,794,454

Wholesale/Distribution: Durable Goods


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RE: Advantage Business Brokers Broker: Jeff Hofflander
License #: 20210801

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,794,454
Net Profit: Not Disclosed
Cash Flow: $250,052
Total Debt: Not Disclosed
FF&E: $600,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 7
BBN Listing #: 372862218
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Highly successful distributor of gambling and amusement machines for sale in Red Oak, IA. The company has machines in 57 locations in 4 different states which the business splits the revenue from the games with the owner of the business where the game is located. Machines are in Bars, Restaurants, Fraternities, Clubs, and Laundromats. The company has a team that delivers the machines, collects money, and to does maintenance. New owner could rent one of the locations currently owned by the business, or business could be relocated. Projected Seller Earnings this past year has dropped due to new regulation in one state and sellers’ major health issues. Sales can be ramped back up with new buyer being able to travel or hire dedicated salesperson. For more information on this Gaming and Amusement distribution business for sale in Red Oak, IA, please Contact Jeff Hofflander.

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Reason for Selling:

Retirement

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.

Documents:

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