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Recommended Businesses
Orange County, California
Glass Manufacturer
$ 289,000
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.
Huntington Beach, California
Salads And Wraps Restaurant
$ 149,000
Great Opportunity to purchase a restaurant with new Furniture, Fixtures and Equipment. Owners pour in $180,000 in a new startup. Terrific location in Surf City USA. Growing sales if you want to continue with their menu with a 4.5 Yelp rating or choose your own menu. Long term lease with 12 1/2 years to go. Don't miss this fabulous opportunity to own your place in a great part of Huntington Beach
Encinitas, California
Acupuncture Service - Medical Practice
$ 134,599
CF : $ 80,000
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
Sacramento, California
Coin Laundry
$ 250,000
Well Established Coin Laundry in Sacramento Downtown. Located in busy intersection with many regular customers. Great Potential to Expand by Providing Wash & Fold, Dry Cleaning Services and Mail Box Rental. Equipment List: 28 Top Loader, 15 Front Loader 30 Dryers. 2 Arcade Games 1 Change Machine 1 Snack Bar Machine
California
Apparel Distributor - Very Profitable Value Added
$ 12,000,000
CF : $ 2,500,000
The Company has been in business since 2003. It is a rapidly expanding import apparel distribution company, currently selling predominately bottoms. They are projecting $10.5 million in revenue this year with an EBITDA of approximately-$2.5 million. The Company has established long-standing exclusive buying relationships throughout the world, which allows them to receive significant purchase values. They consistently offer a wide selection of exclusive private label and off-brands and fashions of predominantly jean bottoms tailored to all lifestyle needs of their customers at highly competitive prices. Their customer base is the off-price-discount sector, which is the fastest growing segment in this marketplace. The Company is currently expanding it product lines to include tops and outerwear. They are seeing tremendous potential to expand both within their current customer base and to new customers. The Company has a state-of-the-art wholesale distribution facility. They have strong relationships with several manufacturing and distribution facilities in China, Bangladesh, Cambodia, and Pakistan, that allows them to cater to the specific needs of their customers while controlling costs and transferring a significant amount of those savings to their end customers. They take pride in what they sell and can confidently claim to be among the best source of lifestyle-right, priced-right apparel and home textiles in the USA.
San Francisco, California
Hauling Service
$ 75,000
CF : $ 75,000
Business does hauling of debris for contractors, home owners, realtors, property managers and movie companies. We also trim trees and clean yards. We do light demolition and haul dirt. Have two late model well maintained bob tail dump truck and all tools needed to operate business. Have two employees and owner does not drive. Very easy business to run as lead employee does of the estimating as well. May days have more work than can do so more revenue can be generated by hiring another driver or new owner driving a truck themselves. Sale is all cash. If I wasn't moving away from the area the business wouldn't be sale.
Los Angeles County, California
Auto Parts Wholesaler Distributor
$ 765,000
CF : $ 45,000
This wholesale business was founded in 1962 and is now a highly reputable distributor of aftermarket auto parts and engine rebuilding! Its location in this major Los Angeles County city is freeway-close with easy access and ample parking for customers and delivery services. A satellite location in Orange County was opened about 18 months ago to better serve the clientele. The business stocks a wide selection of inventory, which is balanced between company- and manufacturer- ownership. A portion of the inventory is owned by the business, with the remaining inventory owned by the manufacturers on a consignment or 'fee-based warehousing.' The business receives a fee for providing inventory and order services for the manufacturer and customer. The warehouse stocks a variety of high-quality, well-known brands, as well as lesser-known brands, at various prices. The business also benefits from a well-diversified customer base that includes parts stores, other wholesalers, engine rebuilders and repair shops. The 10 long-term employees know the business well, and are focused on providing excellent customer service. The owner has identified opportunities to grow the business, such as adding machine shop services, expanding into the Inland Empire, and developing an online, web-based retail store to increase sales nationally and internationally. Approximately, 740,000 in inventory is included in the sales price. The owner is selling the business so that he can pursue other opportunities.
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