Profitable Vacuum Retail & Repair Shop

Not Disclosed, CA
Santa Barbara County


Asking Price: Annual Revenue:
$149,000 $869,850

Retail: Non-classifiable


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

Quick Facts

Asking Price: $149,000
Annual Revenue: $869,850
Net Profit: Not Disclosed
Cash Flow: $108,800
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:

Sellers are ready to retire and motivated to sell! For over 48 years, this business has provided the Santa Barbara community with reliable vacuum sales, service, and repair. Well established and highly regarded, the shop boasts a well trained reliable staff that performs all service and repair work. Owner operator will manage sales along with Store Manager, and day to day business operation. With no competition, this business has developed a solid customer base county wide.

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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. $70,000 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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