Business For Sale

Specialty Retail Store With Municipal Contracts

Not Disclosed, CA
San Mateo County

San Francisco Bay Area


Asking Price: Annual Revenue:
$795,000 $1,705,630

Retail: General Merchandise - Retail


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RE: Specialty Retail Store With Municipal Contracts Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $795,000
Annual Revenue: $1,705,630
Net Profit: $254,076
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $210,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 4
BBN Listing #: 5983931
Broker Reference #: 8580

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Business Overview:

This Bay Area business has both a retail location in a major shopping center and contracts with a number of Bay Area cities and businesses that buy its products. It’s a woman owned business and this has facilitated getting its getting contracts with San Francisco and other Bay Area cities. Inventory of $210,000 is included in the sale. A new five year lease with a five year option will start October 1st. The seller has had the business since 1992 and is ready to retire. Sales have been increasing, but there are still a lot of expansion opportunities available to someone who wanted to scale the business. SBA Financing approved for $595,000 with $200,000 down.

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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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