Seller's Contact Information
- RE: South Bay Water Store
- Contact: Micheal Floorman
- License #: 01160661
Quick Facts
Asking Price: | $65,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | Not Disclosed | |
BBN Listing #: | 5852931 | |
Broker Reference #: | 8512 |
Business Overview:
Established in 2005, this water store is located in a busy strip center in the South Bay. It features state of the art equipment including a reverse osmosis nine-stage filtration system and an all stainless steel eight faucet fill station. The customers include walk-ins and about 500 prepaid members. An energetic new owner should be able to improve the sales by adding more retail items and services that could bring in extra income. The asking price is much less than the build-out cost. This is an asset sale. Financials are not available; observation is recommended. The owner needs to sell due to health issues and family obligations. The business has been open through the pandemic since it's considered essential. (BTI #8512)
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Property Features and Assets:
It features state of the art equipment including a reverse osmosis nine-stage filtration system and an all stainless steel eight faucet fill station. The customers include walk-ins and about 500 prepaid members.
Market Competition and Expansion:
It is a neighborhood water store where a good number of customers are IT professionals, highly educated working class, conscious of health and importance of pure water. The addition of Notary service at this location could bring in an extra income. The asking price is much less than the build-out cost.
Reason for Selling:
Health & family obligations.
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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