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Resale Store for Sale

Taylor, MI (Wayne County)

Resale Store for Sale
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Asking Price: $400,000

Cash Flow: $98,694

Gross Revenue: $1,041,596

EBITDA: $98,694

FF&E: $25,000

Inventory: $205,000

Rent: $3,812.42 /Month

Established: 2015

Resale Store for Sale

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Business Description

Profitable Franchised Business for Sale

Profitable resale business for sale. Business has been operating for 5 years and has been profitable since day one. The business has positive ratings on Google and Social Media with a strong staff in place. Part of a strong franchise system that supports the brand as it grows. Business is recession resistant and is constantly evolving to buy and sell new product lines.

Detailed Information

Location:
Taylor, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
7/30/2025
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Assets include all store fixtures as well as all current inventory (valued at $205,000 at cost).
Competition:
Business is in a prime location with minimal competition. There are several locations in the Greater Detroit area, so this business benefits from strong brand recognition and synergy between the stores.
Growth & Expansion:
The business is constantly evolving to buy and sell new product lines. Part of the store's product lines include electronics, which are constantly changing and new devices are coming out every year. Strong growth potential. The Owner owns several locations and is willing to sell more than one location if a buyer wants to purchase more than one unit.
Support & Training:
The buyer will receive the full support of the franchise system as well as the current employment structure. There are several locations in the greater Detroit Area that are overseen buy a District Manager. Seller will provide training to assist with the transition to the new owner.
Reason for Selling:
Owner is retiring.
Franchise:
This business is an established franchise
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Business Listed By:
Nicholas Leja

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