Profitable Well Established Retail & Repair Shop

Santa Barbara, CA
Santa Barbara County


Asking Price: Annual Revenue:
$249,000 $908,436

Retail: Non-classifiable


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RE: Profitable Well Established Retail & Repair Shop Broker: Mark Flores
License #: 01980017

Quick Facts

Asking Price: $249,000
Annual Revenue: $908,436
Net Profit: $90,304
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $14,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 387423364
Broker Reference #: 106-15396

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Business Overview:

Unique business opportunity in the retail & service/repair industry! This business has been serving the beautiful Santa Barbara community for over 40 years! Well established and highly regarded, this business boasts a well trained and reliable workforce that performs all service and repair work. Owner operator will manage sales and day to day business operation. With very little competition, this business has sustained fantastic sales numbers with year over year profits over $90,000. New owner can expand online retail platform for additional revenue stream! For addition information, please contact Listing Agent Mark Flores.

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Property Features and Assets:

This is a leased location of 1,520 square feet with a Total Monthly Rent of $5,853. Lease ends 5/2021 with One 5 year option. Seller is active in the business with 3 Full Time and 2 Part Time employees. Hours of operation are 8:30am-5:30pm 6 days a week. $80,000 in Inventory and $14,000 in FF&E included in Asking Price.

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.

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