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Known for its famous commercials, this iconic 22,000 sq. ft. furniture retail furniture store has been in business for over 50 years and currently generates $2 million in annual sales with no advertising. The store includes $350,000 in inventory and has four long-term employees, each with over 20 years of experience. The current owner is retiring but will provide up to six months of training to ensure a smooth transition. The business has long-standing supplier relationships that will continue. It is located on a busy highway, and the property owner will offer a long-term lease below market value. With no current marketing efforts, a new owner has the opportunity to increase sales through advertising and online expansion.
· This is NOT a franchise· No financial risk -- No need to use your cash or credit!· No Real Estate investing experience is required!·You DO NOT have to do ANY Construction &/or Repair work owning this House Flipping Business!· Home Based Business· No Employees!· Semi-Absentee Business· No inventory to buy~ No Brokers Please ~
This well-known Drug & Alcohol Testing Services Company has provided expert support and services to an impressive roster of Government, Municipal, School, Union and Corporate accounts for almost 35 years. The Company has experienced stable revenues (with $200k in annual service contracts in place) and enjoys high operating margins with documented profitability.The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 4.7 x EBITDA (2024). A full valuation report is included and there is $50,000 in Net Working Capital plus another $150,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain more than $125k benefit in after- acquisition-debt cash flow in Year #1 – over 60% return on equity investment.A comfortable transition period will be provided by an owner who truly wants to continueto see the business flourish. Seller will consider a consulting agreement thereafter. A well-trainedand highly qualified team will stay in place to support new owner in all aspects of the business.(ALL DATA BASED ON SIGNED TAX RETURNS)
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