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Profitable Retail Battery, Bulb, And Electronic’s Store!

MI

Seller Financing Available
Profitable Retail Battery, Bulb, And Electronic’s Store!
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Asking Price: $259,900

Cash Flow: N/A

Gross Revenue: $699,841

EBITDA: N/A

FF&E: N/A

Inventory: $81,000

Established: 2008

Profitable Retail Battery, Bulb, And Electronic’s Store!

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Business Description

This retail store was opened in 2008 and had a history of success. Sales exceeded $675,000.00 annually, and the Sellers Discretionary Income exceeds $75,000.00. The owners are absentee owners and have a loyal, well-trained staff that operates the store. Both the manager and outside sales person each have been employed for over eight years at the retail store! This is a great opportunity to grow this business in a growing market, located within a high traffic area, that includes a new Meijer location across the street.

This retail store is a rare must see opportunity! Call Rob at 616.855.7677 or Doug at 616.822.9900.

INCLUDED IN THE SALE OF THE BUSINESS:
- All furniture, fixtures, and equipment used in the daily operations of the business.
- Current no obsolete inventory that is currently valued around $81,000.00.
- Chevrolet Astro Van.
- Pontiac Vibe.
- Most importantly, a well trained and loyal employee team!
BUYER MUST ASSUME THE FOLLOWING:
-Real Estate lease that includes extra storage space, all utilities, building insurance, parking lot, and maintenance of the yard.
-All Marketing Requirements.
-Phone and internet contracts currently in place.

MOTIVATION FOR SALE:
The owners are selling the business to focus on primary careers and family.

MANAGEMENT:
The owners are an absentee owner. There are a store manager and an outside salesperson.

PERSONNEL:
The employees are willing to transition to the new owners, and the owner is willing to support and train the new owners. The manager and outside sales representative have worked for the company each for over eight years.

OPPORTUNITIES FOR NEW OWNERS:
-Add additional outside sales representatives.
-More aggressive advertising.
-Sponsorship of local community events.
-Hands-on owner/manager that will increase sales and reduce operational expenses.

Again, please call Rob Anderson at 616.855.7677 or Doug Fournier at 616.822.9900.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Facilities:
Approximately 3,000 square foot There is ample parking and traffic patterns for customers, as it is located in a high traffic corridor. As well across the street from the new Meijer! The crime rate is low, there have been no losses. The Police Department patrol the area frequently and the fire department are located within a few miles of the location. The business climate is this county is a strong conservative community.
Support & Training:
The Owners are willing to support and train the new owners, however, the manager and outside sales person have been employed at this business and plan to stay with the transition, so training will be simplified.
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(from currently available funds)
 
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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