Franchised Super Food Cafe - Absentee Owner

2021 gross revenue: $875K - Cash Flow $225,000+ Very low overhead and very low inventory investment on a day to day basis. 2 Part-Time employees do most of the repair work Semi-absentee owner is manages this profitable business consisting of Cell Phones/Tablets sales and repairs, plus pre-paid plans, buy-backs, selling accessories and more This business is located in a prime area of the West San Fernando Valley on Ventura Blvd Business established in 2009, 12+ successful years with the same owner. It benefits of a strong customer base with 'regulars' and a constant flow of new customers from word-of-mouth, referrals, and stellar Yelp and Google reviews. People always searching for an independent place with personalized service vs any big chains. No or little tech knowledge necessary since the three (3) part-time employees do the repairs, and want to stay working there after the change of ownership, and all 3 employees want to work more hours. This business has has had consistent year after year increases in gross revenues. This business is a unique opportunity for an industry buyer as the seller is ready to move on to his next project. This sale includes: i. The name of the business ii. $5,000.00 of active inventory at cost. Any inventory over $5,000 will be available to purchase iii. The website, the URL, all social media accounts associated w/ the business, phone/fax numbers, email address, iv. all Fixture, Furniture and Equipment (FFE) v. goodwill, customer lists, vendors catalogs etc vi. assignable lease with very favorable terms & transferable licenses & permits; vii. training - Seller will provide necessary training based on the Buyer's needs for two (2) weeks, then available for consulting. The business has excellent books and records and tax returns. This is a highly confidential. No additional information will be provided until a Confidentiality Agreement and background information has been submitted to receive financials and other specific information. Prime Location Parking on the premises and streets. The business qualifies for SBA financing for a well-qualified Buyer. 620 SF space is the perfect size for a service shop. Fully equipped. HVAC, private offices, Private ADA bathroom Open 6 days per week. 10am-4pm Established in 2009. Operated for 12+ years successfully by the same owner. This is a Hot business in a Hot Industry and is a rare opportunity for a buyer. There is added value considering the semi-absentee run, no specific knowledge necessary, the exponential room for growth of income in this industry. Some avenues for expansion could be: -Open longer hours to 6 or 7pm. -Creation of online e-commerce website extension to sell relevant products, -Creating local partnerships with small business, local schools and neighboring Colleges. -Creation of an insurance program in order to make recurring revenue through subscriptions, etc... No competition. This industry is growing exponentially. There is bigger and bigger need for more repairs for our devices, a general demand for more devices (phones/tablets, etc.), for more accessories, and more service needed for our communication devices in a personalized atmosphere vs the big retailers, and a general need for more of everything this business already provides. Support & Training: 2 weeks full time after the Close of Escrow. Seller can offer up to 6 months of additional assistance training on all business activities as a consultant, full time or part-time, or on a need basis.

For decades this glass manufacturer has been the undisputed leader in innovative street lighting, featuring distinctive, hand-blown decorative glass globes, for municipalities nationwide. The familiar and distinctive glass globes seen in many U.S. and European cities are widely preferred by architects for their historical and nostalgic appeal. These glass globes are renowned for their exceptional illumination, superior life rating and true economic value. Designed and created 70 years ago by Swedish and Norwegian immigrants, the original iron-cast air moulds are still used today to create the globes. Recreating and manufacturing these air-cast moulds would be very difficult, even with today's technology. Widely considered works of art, the moulds have historic value, as they have produced globes for virtually every municipality in the United States. These original physical moulds are still in perfect working order, and are now available for purchase. Since 2000, the parent company has been diversifying beyond the traditional glass globe line to wholesale lighting distribution, energy management services, designing/engineering of lighting applications, and turn-key commissioning of lighting upgrade services. As this new direction prospered, the decorative glass globes have become a non-core business. In an effort to focus on the company's new direction, the manufacturer, in an unprecedented move, is making the iron-cast air moulds for the glass globes available for purchase. Acquisition of these moulds by a domestic or foreign fixture, lighting or globe manufacturer looking to expand their business would provide the buyer with immediate credibility and competitiveness through the historic value and well-know brand name.

Priced to sell. Cafe established in 2007. Great location on san vicente blvd, where la cienega and wilshire blvd cross. High end neighborhood 7am - 3pm - mondays through fridays. Can stay open longer hours. "cold kitchen" no hood - no grease trap - no gas lines (all electric equipment) Rent: $3,031 + nnn charges nnn includes all utilities (electricity, water, trash) Easy operation -- cafe with large profit margin: breakfast items, smoothies, fresh daily soups, salads, paninis, sandwiches, teas/coffees, etc. Loyal customer base, great yelp reviews. Very little effect from covid city restrictions Since most of client base are: building employees, patrons, high-end residential neighborhood patrons Excellent opportunity for an owner operator to own your cafe in one of los angeles most dense, upscale & populated area The cafe hours afford an ideal lifestyle for a business owner, or a parent of a young family, or semi retired past restaurant owners who want to keep active and want to scale back to an easy operation or want to go back to active life, ideal for young entrepreneurs first business, The hours give you free evenings, weekends and holidays off! Truly turnkey with great layout, clean, good vibe cafe in a medical building near cedars sinai hospital. Opportunities to grow this business: *add new food offerings, your imagination, your menu *stay open a few more hours per day & catch the last people in the building (employees, patrons or patients) who leave work and the building up to 6pm. *add dinner deliveries in this hip and upscale neighborhood. *advertising to the immediate area: residences, shoppes & the adjacent office buildings. Sales price includes 1. All furniture, fixtures, equipment, 2. About $2,000 of food inventory, 3. All transferable permits, 4. Recipes and more, 5. Business name, phone number, email address, all social media accounts associated with this business, 6. Non compete agreement Full training and support. * landlord may add one or two 3 years option for a qualified new tenant. * space size is approx. 995 sq. Ft. * occupancy approximately 36 seats. * no hood, no grease trap, no gas lines - all electric equipment. * fully equipped. * turnkey and beautiful. * 5-day business, hours are from 7am to 3pm, monday thru friday. * closed on saturdays, sundays and holidays. * plenty of parking -- in building and the streets. * business created in 2007 - about 13 years ago. * excellent reputation - great yelp reviews. Landlord will accept a qualified tenant with restaurant/cafe experience and be a us citizen or with a green card.

Location, location, location! This adorable dog boutique has a highly-desirable location in this affluent Orange County community! The shop is situated on a busy retail street that has high foot traffic from the locals and year-round tourists! This is a great opportunity to own a business that is fun and easy to operate! The shop offers popular treats and accessories for dogs, as well as dog-themed gifts for lovers of all things canine! This delightful 1,100 square foot shop rents for 3,600 per month, and there is one part-time employee. To increase profits, a new owner could add pet grooming which would please the locals! Approximately 80,000 in inventory is not included in the sales price, but is available at an additional cost . The owner is selling the business because she is busy with her other business.

Unique opportunity to own a lucrative, half-cash practice in the gorgeous Southern California coastal community of Encinitas. Acupuncture Continuum Inc. (Acupuncture Continuum), currently the acupuncture practice of Karen Sulger, L.Ac., is in north San Diego County just a few minutes from the beach. Perfectly located with very low rental costs, the beautiful practice serves the area's highly health conscious and affluent population. Acupuncture Continuum is well established and enjoys a sterling reputation for clinical efficacy. With nearly 25 years in the area, the practice also maintains strong relationships with referring MDs, particularly in the medical complex from which it operates. Even in the midst of Covid, return business remains consistent and there is a steady influx of new patients. The opportunity to run an abundant practice drawing from a major metropolitan area is available now. Imagine making close to $200,000 per year, working three days per week and with plenty of time off for vacation. No additional marketing necessary the established reputation of this 23-year-old practice maintains a steady flow of new patients and loyal return patients. Low overhead (including very low rent), years of records, substantial cash clientele and consistent patient flow mean that a new owner can expect to keep costs low. Add more hours, hire associates, and/or expand marketing, and you have the chance to add even more success to an already prosperous practice. Whether you are fresh out of school or an experienced clinician, Acupuncture Continuum offers the chance to hit the ground running. This is a turn-key opportunity to run a successful practice in one of the most sought-after, tranquil, prosperous areas in the country. Call or email today, come by and spend some time at the clinic, and see for yourself. As the new owner, you could be thriving in just a few short months. The Setting The City of Encinitas is located 25 miles north of San Diego and is part of the greater San Diego Metropolitan Area. It has a population of just over 60,000, with easy access to over 3 million others who live in San Diego County. Recently named among the twenty best surf towns in the world by National Geographic, Encinitas wears its surf history proudly. Located along six miles of pristine Pacific Ocean coastline, the town is an unspoiled reminder of the historic Highway 101 beach culture. With the perfect climate year-round, the city is a very popular weekend outing and a great place to live. Locals find all they need from the city's eclectic downtown, with its unique and dynamic blend of San Diego's top surf shops, amazing restaurants, coffeehouses and record stores. Kids love nearby Legoland theme park, Sea Life Aquarium, and San Diego Zoo and Wildlife Park. The clinic is located in a large medical office complex, easily accessible from the freeway. The well-designed office consists of a good-sized lobby and reception area; four treatment rooms (possible to set up a fifth); a staff office area; ample shelving for the extensive herbal apothecary and storage, and a bathroom. The space is modern and tastefully decorated, and each treatment room has its own speakers for music, a floor heater, and dimmable lighting. The most Covid-wary patients have the option to enter and exit one of the treatment rooms through its own dedicated entrance, bypassing the reception completely. Parking is free and easy here. The decades-old practice maintains longstanding relationships with nearby health providers and the local community from which it receives many referrals. Patient Demographics Ms. Sulger describes the clinic's clientele as 'absolutely wonderful,' she is grateful for the way the clinic has attracted such warm, caring and conscientious people. While the current owner treats a very wide range of conditions, she also has three specialty areas: (1) fertility and women's health concerns, (2) pain, and (3) facial rejuvenation. Most of the current patient load consists of professionals between the ages of 25 and 70. There has been a substantial uptick in fertility patients during Covid, as more couples are trying to conceive at this time. The clinic has averaged between 40-50 patient visits per week and has over twenty years of patient files. Overhead costs remain low, with about half of patients paying in full at the time of their visit, with the remainder using insurance. Typically, patients are from communities within 25 miles of the office. Given the practice's long history in the area, most are referred by word-of-mouth and local allied practitioners, while some come through insurance panels and the clinic's strong online presence (all 5-star reviews on Yelp and top-of-page in Google and Google Maps search engine optimization (SEO) has been a steady priority, and these SEO efforts have paid off). The current owner is also happy to provide years of past calendars to prove consistent patient volume. Modalities Utilized Treatments currently consist of acupuncture, cupping and moxa, as well as herbal medicine and supplements. In addition to using standard acupuncture and traditional Chinese medical techniques, Ms. Sulger also uses the Richard Tan Balance Method and Master Tung points for pain and orthopedic conditions. That said, clients seek the practice because it is known for clinical efficacy; they are not usually seeking a specific style of acupuncture or needling. Income and Expenses The following income and expense summaries are derived from an average of income and adjusted* expenses from 2017-2019. Note that Ms. Sulger has office hours only three days per week and takes up to three weeks off per year. Income Average gross yearly revenue: $190,400+ ($15,860+/mo) Expenses Average adjusted expenses: $102,918 yearly ($8,576/mo) *Adjusted expenses are the net expenses that a new owner would have to take on in order to run the business at the same level of revenue as the current owner. Net Profit: Average $87,491 per year (~$7,290/month) Pricing and Terms $139,500 OBO. The price is based on a conservative professional valuation of just over $140,000, with an average yearly gross of about $190,000 for the past several years. The owner's motivation to sell in a timely fashion (due to her impending retirement) has allowed her to generously factor in a potential discount for attrition and start-up costs on change of ownership. She expects the right person will retain her patients and transition smoothly, making this a great opportunity for the buyer. The purchase will be structured as an asset purchase agreement and may be drawn up between buyer and seller (preferred) or by attorneys, at the discretion and by agreement of both parties. Approval of the buyer is subject to a credit check, and loans from medical practice brokers, banks, or the Small Business Administration (SBA) may be available to finance the transaction depending on the buyer's creditworthiness. Upon purchase, the new owner will receive all patient records, furniture and equipment, the large herbal inventory and high-tech Covid safety equipment (including a UV air sanitizer and HEPA air purifier). The current owner will also transfer to the new owner all clinic-related intellectual property, including the clinic phone number, website, claimed Yelp and Facebook pages, AcuBase EHR and billing system, MailChimp email system, email list, and clinic-related financials. The practice currently employs one part-time office manager who expertly bills insurance, markets, schedules and performs many other office tasks. She is an exceptional worker and may be willing to stay on with the practice at the discretion of the new owner. The landlord is willing to transfer the lease (which is amazingly below-market), and the current owner will facilitate interaction with the landlord in order to secure favorable lease terms. Currently the owner has three month-to-month part-time subletters that reduce the monthly rent even further. A future owner could keep the subletters on or choose to take on the entirety of the rent (which is incredibly low) to expand their own practice. The current owner's goal is to surrender the practice by the end of March 2021. She would be willing to stay on for a limited time to assist in the transition and make introductions to the clientele, if so desired by the new owner, at no additional cost. Opportunities for Growth While the current practice nets a healthy return (even working part-time), a motivated buyer could significantly increase their income upon acquisition through a number of simple changes. * Work more hours. The current owner has office hours only three days per week, so there is plenty of room to expand business hours. There are also part-time subletters whose space could be taken back as needed, all of which would increase revenue. * Bring on other practitioners. In addition to or in lieu of working more hours, the practice could easily support at least two or more providers, either as contractors or as employees. * Reduce office manager hours. The current office manager expertly runs the office on the three days that the current owner works. The new owner could opt to take on some of her tasks to reduce payroll costs and increase net income. * Expand marketing efforts. The practice has an excellent web presence, sends monthly emails to its email list, and keeps up relationships with physicians and other healthcare workers. There is room to do much more such as networking with even more MDs and promoting highly profitable facial rejuvenation but the clinic has been busy enough that these resources have not often been leveraged. * Improve online presence. Blogging, enhancing the website, cultivating a social media presence, implementing pay-per-click, and increasing the frequency of email marketing all hold great potential to increase awareness of the clinic and thereby generate mor

Prime location in Beverly Hills with ABC 47 - Rent below market. Lease 9 years + possibly additional options. 2,200 SF - Plenty of Parking - Fee parking after 6PM. Landlord will consider only experienced operators.

Easy to run neighborhood discount store. A truly rare opportunity located in a mixed residential and commercial area of greater of long beach. Call about this sizable discount store of over 10,000 Sq FT. The store is producing steady numbers and sells a wide variety of products from luggage to cosmetics, clothing, from kitchenware to picture frames, and more at very customer friendly prices. This business is easy to run and carries just about everything a customer would want. Addition services like lotto, tobacco can be added to increase customer base. No competition anywhere nearby. Seller carries a note (30%) for the right buyer. Size 10800 sq ft Inventory 160,000 Annual revenue 1,2m Annual net 160,000 City of Long Beach Asking price is 238,000.

Heavy traffic major street on 4 way of the corner. In the large amount of gross selling C- Sore. Excellent location in commercial area. Detailed informations will be provided on offer by seller.