Seller's Contact Information
- 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 |
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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