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Profitable, Established Retail Business in Thriving MarketThis 28 year old business is located in a thriving shopping area within an affluent resort community. Throughout the years, the business established itself as a leader by offering a hand-curated product selection made by popular dining and entertaining brands.This business has a strong reputation and significant repeat customer base of locals, second home owners, and tourists. Sales are consistently above $1.8 million annually and SDE has averaged $440,000 over the past three years. The sales and financial performance are that of a mature business with consistent performance year-over-year. This is a terrific opportunity to own an iconic local retail business where you can enjoy the mountain and resort lifestyle.Seller Financing Available for a Well-Qualified Buyer.This business has been Lender Prequalified, which means you could own a business cash flowing over $348k for only 10% down!Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
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Located in the mid-valley area. Long-time local and visitor favorite. Outstanding and diverse menu. Roomy, easy to work in, well maintained facilities with attractive outdoor seasonal seating make this restaurant an attractive stop year-round for lunch or dinner. Solid local and online reputation. Consistent high level of profitability.There is no substitute for the kind of visibility and location this business enjoys. Parking is excellent, the equipment package and buildout are significant. The space is customer friendly, easy to work in and comfortable.Earnings/cash flow referred to is “Sellers Discretionary Earnings”. With discretionary earnings near ½ million for the last several years (‘24/470K,‘23/480K,‘22/550K,‘21/480K) this is an excellent opportunity for a new owner to step in and enjoy the benefits of an operation that is already doing it right! At 2.6X Discretionary Earnings this business is priced fairly and has been approved by an SBA lender.Potential purchasers should note that the asking price does NOT include inventory which averages about 20K.Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size BEFORE additional information will be provided.
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