Refine/Revise Search
Asking Price: $349,000

Efficiency Apartments and Manager's Suite

Butler, AL
Choctaw County

Key Financials:Yearly sales are currently $118,000! Net profit is $65,000 per year AFTER paying all other expenses including a Manager's Salary of $13,000 per year that occupies the Manager's Suite onsite.The out-of-town manager will leave upon the sale. Seller's manager can provide one week of training after closing.Perfect for an owner-operator to take home $78,000 per year! That is an extremely high 22.34% Cap Rate!Apartment Complex currently charges $199 weekly and Average Daily Rate is $65!20 rooms plus manager's suite included!New A/C UnitsNew 40” LED Flat Screen TVs!Spacious Living Quarters with 4 Bedrooms & Large Living Space for the ManagerAll 20 rooms are fully booked for two months each year when the Georgia Pacific plant shuts down for cleaning!Recent improvements include freshly painted floors and exterior, along with approximately $50,000 invested in quality upgrades throughout the property. Property includes one acre of land! The traffic count is 5,230 vehicles per day. Located just 20 minutes from a Georgia Pacific manufacturing plant employing 2,500 people, plus minutes from a major gas company and a power plant!Nearby restaurants like Hot Stuff Pizza, Kain's Tex-Mex, Burns & Burns, Bama Crawfish Co, Subway, and McDonald's!Close proximity to Butler Apartments, Linden Apartments, and surrounding rental properties serving Choctaw County!Nearby hotels like The Mason Downtown, Western Inn Butler, and The Mason!Close proximity to Choctaw County Elementary School, Choctaw County High School, Patrician Academy, and U Matter Academy collectively serve over 1,000 students and faculty!Only 45 minutes from Meridian, MS! 1 hr 30 min from Tuscaloosa, AL! 2 hrs from Jackson, MS! 2 hrs 20 min from Montgomery, AL and Birmingham, AL!Asking Price for the Business and Property is only $349,000! Pay less than the price of a house for a fully income-producing property!Seller is willing to Lease-Purchase the Property for $120,000 down payment! Avoid going to the bank! 

Read More
Cash Flow $65,000
Revenue $118,000

Asking Price: $1,395,000

Premium Green Thumb Service Provider with $1MM

Not Disclosed, PA
Philadelphia County

Attention all green thumbs, horticulturalists, landscapers and gardeners! Outstanding opportunity to acquire a 35 year old niche indoor landscaping design and maintenance business including commercial real estate, with over $440K in average annual seller's net earnings. Business Price: $1,395,000 plus Real Estate Price: $625,000 for a Total Purchase Price of: $2,020,000. IMPORTANT, Seller requires that buyer profile document questions be answered and that interested buyers indicate they have no less than $400,000 liquid cash available for a down payment. ALSO, PLEASE EMAIL ME SEPARATELY AND EXPLAIN CLEARLY WHY YOUR EXPERIENCE IN GARDENING/PLANTS/HORTICULTRE WOULD QUALIFY YOU TO BE VIEWED BY SELLER AS A CAPABLE, PREFERRED CANDIDATE TO BECOME THE NEXT OWNER OPERATOR OF HIS BUSINESS. Owners of prospective, complementary businesses will be considered if they have a clearly visible synergy that would make sense in bolting on this business for sale.Imagine servicing the top hotels, restaurants, commercial properties and exquisite residential estates throughout the tri-state area. Full leadership team in place with longevity, training and excellent customer relations. Imported tropical plants, trees and flowers create extraordinary indoor environments, improving air quality, and providing restful and relaxing escapes. With over 100 premium customers, and virtually no customer concentration concerns, this business enjoys recurring service and maintenance revenues approaching $100K each month. Retiring seller currently works less than 30 hours per week but is willing to stay on in a limited role to maintain continuity with clients and staff. Long-term general manager and senior design and service staff will support new owners. Significant growth opportunities for a new buyer as business spends limited funds on advertising and virtually no sales and marketing efforts. Excellent reputation. Premier customers. Commercial real estate includes over an acre of land with a fully functional greenhouse nestled in the Philly suburbs. NDA, Buyer Profile and Broker Introductory Call to be completed prior to receipt of confidential information memorandum. 

Read More
Cash Flow $484,620
Revenue $1,377,684

loading...
TOP ▲
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.