Profitable, Turn-Key, E-Commerce, Relocatable, Mfg

Not Disclosed, WV

Prime In-Town Location


Asking Price: Annual Revenue:
$499,000 $1,113,297

Manufacturing: Furniture, Fixtures Manufacturing


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RE: Profitable, Turn-Key, E-Commerce, Relocatable, Mfg Broker: Jim Cohen
Owner Financing is Available!
Owner will finance 60% of the purchase price.

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,113,297
Net Profit: $85,869
Cash Flow: $108,575
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 6
BBN Listing #: 81657030
Broker Reference #: Project Classic

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Business Overview:

The business is on track to achieve more than $1,480,000 in revenue in 2019, a 33% increase over 2018, and $136,000 in Net Income, a 63% increase over 2018!!

Beginning in 2019, ownership began investing just under $2,000 per month in advertising and web site functionality with no other changes to their sales and marketing efforts. This resulted in a Q2 YTD top-line revenue increase of 33.4% and a net income increase of 63.7% further demonstrating the upside potential of this business.

Ownership is seeking to retire and believes a new owner will be able to capitalize on the growth opportunities that exist within the Company, which easily achieves over $1,000,000 in top-line revenue and more than $100,000 per year of owner benefit, with virtually ZERO sales and marketing efforts.

The owner’s faith in the future under new ownership is proven in the fact they are offering SELLER FINANCING OF 60% OF THE PURCHASE PRICE!!!

Project Classic supplies classic, retro diner furniture and restores & sells old-time juke boxes, soda pop machines, kiddie rides, gas pumps, and popcorn machines.

Sales are internet based, and the business processes are transferable, so the company can be relocated ANYWHERE!!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Company operates two separate facilities. There is a 1,500 square foot office located within a multi-purpose building in the heart of town, and a 2,000 square foot free-standing facility where restoration jobs are performed. The owner of Classic controls this real estate and is open to negotiation of a separate real estate transaction that meets the buyer’s needs.

Market Competition and Expansion:

Significant growth opportunities exist as the Company consistently grosses over $1,000,000 per year with virtually zero sales and marketing efforts.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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