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Lighting Store For Sale - San Diego, California
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Profile: Retail Lighting & Wholesale.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Joe Gertz, Broker
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| Primary Phone: |
310-539-8300x253 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01313559 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/23/09 |
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| Date Last Revised: |
9/29/09 |
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| BizBen Ad #: |
138329 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$600,000 |
| Down Payment: |
$120,000 |
| Annual Revenue: |
$1,608,949 |
| Annual Adjusted Net: |
$258,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Buy 258,000 ’08 Earnings, 1.6 Million ’08 Sales, & 500,000 In Inventory For 120,000 Down – Hold & Manage For Turnaround To Prior 3.6 Million Sales & 2 Million Gross Profit Margin Levels!
Live In The San Diego Riveria. Visit Italian And Spanish Riveria Yearly While Shopping For The Most Elegant Lighting Fixtures In The World For Your Very High End Clientele – Enjoy The Best Of Both Worlds.
Elite Clientele For Your High End Lighting Fixtures Include Hotels, Casinos, And The Homes Of LA Jolla, Del Mar, And Rancho Santa Fe.
Seller’s Loss Can Be Your Gain. Parkinson’s Limits Physical Mobility In A Great Mind – Trapped In A Less Responsive Body. Plus A Dishonest Bookkeeper And A Dispute With A Manager Leaves Seller “Fed Up”. Act Now – Before Seller Decides To Take A Further Loss And Just Liquidate.
This Business Was Doing 3.6 Million Sales, With 2.2 Mark-Up (1.6M Cgs & 2.0M Gpm). Active And Knowledgeable Entrepreneur Is Required To Take Charge. Resume Sunday Selling And Longer Hours. Add Another Outside Sales Person. Grow – With A Fall Back Safety Net.
2008 Mark-Up On Inventory Was Down To 1.8. Replacement Cost For Leasehold Improvements Is 500,000.
Sba Lender Bank Prequalifies Deal For 80% Financing In This Market!
Alternative Seller Financing: Seller Believes In Business, And Will Carry 250,000 Note With 350,000 Down Payment For The Balance.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Joe Gertz, Broker at 310-539-8300x253 Non Disclosure Agreement |
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