MergerPlace

Profitable Service In Johnson County

Kansas (Johnson)


  • Asking Price: $603,437
  • Gross Income: $403,068
  • Cash Flow: $278,718
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #219249
  • Established: 2014
  • Employees: 1 FT/1 PT

Business Description

The location and the surrounding neighborhoods are one of Johnson County's finest which attracts great customers. The shopping center is newer, well maintained and occupied by well known, national tenants. This has been a family-owned and operated business that has allowed the current owner a nice lifestyle and a flexible schedule.


Business Details

Primary Business Category: Services - Other Services
Location: Kansas
County: Johnson

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/1 PT

Financial Information

Asking Price: $603,437
Gross Revenue: $403,068
Cash Flow: $278,718
Seller Financing Available: No

Property Information

Facilities:

Most of the revenue is made up of repeat customers who live and work in the area. The shopping center is first class with easy access, plenty of parking and high visibility. The landlord wants this tenant in the shopping center.

Growth & expansion opportunities:

Loans are currently made only to individuals who have an established checking account. A new owner has the option to expand services to include debit cards, check cashing and more. The business has no website. Establishing a web presence will generate additional exposure for the business and its services.

Competition:

Restrictions and zoning ordinances prevent competitors from expanding. There are other similar businesses in the market but are corporately owned and managed from afar. This profitable business has maintained a focus on its customers and a high level of service which makes it an easy decision for customers when they need these services.

Reason for selling:

Seller plans to retire and remain in the area and will work on sight with the new owner 3 weeks after the sale which will be more than enough time for the new owner to learn the business. Phone consulting after the initial training period will be available.

Support & Training:

Will train for 4 weeks @ no cost. A general business license and approved State application are required. The current owner has kept operations simple and has maintained a manual accounting and record-keeping system. A new owner may choose to upgrade and incorporate technology. The seller will share the processes that have made him successful and profitable over the years.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Chris Kerth

Murphy Business Brokers