MergerPlace

Specialty Retail with Municipal Contract

California


  • Asking Price: $795,000
  • Gross Income: $1,705,630
  • Cash Flow: $254,076
  • Real Estate: Not Disclosed
  • Inventory: $210,000
  • FF&E: Not Disclosed
  • Listing ID: #205634
  • Established: 1992
  • Employees: 4

Business Description

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 at $595,000 with $200,000 down.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: California

Company Information

Year Established: 1992
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $795,000
Gross Revenue: $1,705,630
Cash Flow: $254,076
Inventory: $210,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

Contact Business Seller

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Business Listed By:

Bob Brooks

Business Team