Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Business For Sale. Niche Service Business Business With Internet Sales

LISTING DETAILS
Firms For Sale ID:
28103
Vendor reference:
10-2689SLA
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$3,000,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$4,300,000
Net profit / cashflow:
$400,000
Years established:
1980
Trading hours:
24 hours 7 days a week
Number of employees:
39

OTHER DETAILS
Reason for selling:
Several other business interest requires seller's attention.
Financing available:
Seller Financing $1,500,000 6.000% 240 payments of P/I $10,746 a month
Support and training:
Seller will provide one year of training.Advertising and marketing campaigns and support continuous at a mutually agreeable compensation.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
No
PROPERTY DETAILS
Lease remaining:
7
Lease terms:
Lease: Monthly Am't: $13,091 Lease Expires: 12/31/2018 Square Ft / Dim. 8,000
 
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BUSINESS DESCRIPTION
This 8,000 square feet well organized full service company is the area's finest. The business has been operated since the mid 1980's. The present customer base is made up of a middle to affluent population and highly selective commercial accounts. The seller employs 40 employees including a well trained management team. A general manager is in charge of the overall supervision of employees and VP of Retail Sales oversees corporate sales/marketing, (i.e., Major Hotels and Companies). There is no union and company uses a leasing company for payroll, also providing 401K benefits, paid vacations, bonuses and social activities. Business is fully computerized using a customized software which is maintained and supported by a programmer. Recognized in the top twenty companies in their industry across the country, this premier service/ internet retail sales company believes there is continued growth opportunity. With very little capital out lay both the south and east areas of the present core County, can be increased. Internet sales also provides increasing revenue. Seller states operations are set up for franchising if new owner so desires. Financial information is from the company CPA. All tax returns and other supporting documentation are readily available for due diligence review. * Additional adjustments to include owner's salary and benefits to be determined which will reflect as an increase in SDE (EBITDA + Owner's salary/benefits)
*New android phone application rolled out in 2011!
Excellent opportunity for Visa / immigration purposes.

Expansion Potential
With very little capital out lay both the south and east areas of the present core County, can be increased.

Market / Competition / Non-Competition Agreements
Minimal in the Tampa Bay Area