Category:
10587 - Retail
Location:
Northern California - South Bay
Business Description:
This retailer does not advertise. Yet the phone rings off the hook and sales roll in regardless, due to repeat customers and word-of-mouth referrals. Established 20 years, the store has always provided a continuous flow of profit to the owner, who describes his business as recession proof. He works 5 days/week, 8-5, no weekends. Includes a highly proficient staff with long term employees. Membership in a national buying group enables the owner to compete with the big box chains in price and selection. 5-star rated in Yelp for customer satisfaction. Seller and lender will assist buyer to acquire a C-15 license. Pr-approved SBA financing with a modest down payment.
Inventory (included):
$150,000
12 Months Ended
12/31/2021
$4,832,090
(Sales)
$519,238
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$4,070,516
(Sales)
$489,491
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$5,031,151
(Sales)
$375,717
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$4,918,035
(Sales)
$594,290
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 7 | 0 |
Owners | 1 | 0 |
Hours of Operation
Mon-Fri 8-5; Sat 10-3; Sun Closed
Licenses Required:
Monthly Rent Including NNN:
$12,081
Expires:
Option:
No
Size(sq.ft.):
12,016
Type of Organization:
S Corp
Reason for Sale:
Retirement & Relocation
Training:
4 weeks 40 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.