Profile: Reduced! Car Stereo & Accessory Store High Net. Wow-Appeal Building & Grt Loc.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$129,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$607,752 |
| Annual Adjusted Net: |
$100,752 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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This Store Has One Of The Best Locations In The Inland Empire With A Thriving Income But Has Experienced A Slow-Down Due To The Current Economic Situation. The Adjusted Net Profit Of 100,752 Is Annualized From The 6-Month Period Between April Through September 2008. At This Point The Owner Is Willing To Sell The Business At A Huge Discount In Order To Provide An Excellent Value For A Buyer Who Intends To Personally Manage The Store. The Sale Includes 80,000 Worth Of Inventory And 49,600 Worth Of Furniture, Fixtures And Equipment. A Complete Financial Breakdown Of The Past Year, Six Months And 3 Months Are Available For A Buyer To Examine. This Auto Accessory Store Is Located In A Stand-Out Free-Standing Building With It's Own Parking Lot At The Vortex Of 3 Major Streets, Each Street With Freeway Access. The Store Has Been Established For 5 Years And Owned By The Present Owner Since February Of 2007. The Building Itself Is Very Attractive. Additionally The Present Owner Made Many Improvements To The Outside And Inside Of The Building When He Took Over. The Owner Spends Approximately 54 Hours Per Week In The Business Making Sure Both Customers And Staff Alike Are Happy While His Wife May Help Out Sometimes With Bank Applications. The Owner States That The Business Could Be Run By The New Owner With One Helper (Who At Present Is Manager) Plus The Installers. All Figures Are Based Upon The New Owner Running The Store. If A Manager Is Hired To Run The Store Then The Net Will Be Lower. The Lease Is Transferable And Is In Full Effect Until 2012 With An Option At That Time. The Owner States That The Store Is Always Alive And Busy--Never Boring. We Invite You To Visit Us At Our Web Site At www.silverbridge.us.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jim Gallaher, Broker at 714-776-5400 |
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