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RE:  Well-established Sewing And Vacuum Center Contact:  Michelle Turner
License #: 01160661

Quick Facts

Asking Price: $100,000
Annual Revenue: $445,893
Net Profit: $209,932
Cash Flow: $209,932
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1982
Employees: 2
BBN Listing #: 554931
Broker Reference #: IR10945

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Business Overview:

Established for over 40 years, this full-service home center provides sales, service and repairs on vacuums, sewing machines, lamps and small tabletop appliances. Centrally located in a shopping center, with good visibility and a great corner location. This location is beneficial being on the main street through town with traffic count estimate of 30,000 vehicles per day. Shopping center also less than 10-minutes from 4 freeways! With 40 years of loyal customers & 5-star Yelp reviews, this family-owned business has a continual revenue stream and is an excellent opportunity for a smooth transition to a new buyer! $130K of inventory is separate and optional (all, some or none). IR10945

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Property Features and Assets:

The current lease will expire on 12/31/2023, a new lease is available. Rent $4,511, NNN $893, Square feet 1,570. Hours Monday thru Saturday from 9 am to 4 pm. Inventory $130,000 NOT included in the purchase price

SBA pre-approved

Reason for Selling:

Owner retiring.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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