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Recommended Businesses
Alameda County, California
Custom Cabinet Manufacturer
$ 1,150,000
CF : $ 386,442
This shop has been serving the greater San Francisco Bay Area for decades. The company has kept its focus on delivering quality cabinets, on time, at affordable prices. The business offers a wide range of custom cabinetry, finishes, counter tops, and installation. They will outfit client's kitchens, media centers, bathrooms, offices and many other areas that need custom cabinetry or woodwork. The latest design software and computer controlled machinery are used. A combination of highly skilled, long-term and dedicated staff will ease the transition to a new owner. The seller wants to retire but has some flexibility in how long they can train and work with a new owner. All new business and sales are based on referrals from satisfied clients, contractors and designers that appreciate their products and service. Customers: primarily residential, new construction or remodel, contractors and homeowners. The business operates in a spacious facility at a fair lease rate with nearly 7 years of lease remaining. No contractors license is required to own or operate this business. Facility: 12,000 sq. ft. Total Rent: $6,895
Huntington Beach, California
Auto Repair Service
$ 99,000
This asset sale could be your opportunity to open your own auto repair shop, or relocate your current shop! Located in Huntington Beach, this 6,000 square foot shop rents for 4,000/month, and has ample room to for auto repair, engine repair, suspension/drivetrain services, struts and shocks repair/replacement, and tire sales/installation. The shop has a large customer waiting area, two offices, ample storage, plus an upstairs loft that overlooks the shop. The current owner upgraded the electrical system as required by the City of Huntington Beach. The owner is selling all of the fixtures and equipment, including six 2-1/2 ton floor jacks, one10-ton floor jack, two tire mounting machines, three tire balancers, alignment rack, two Aamco 4000 brake laithes, and more! This opportunity won't last! Call (562) 795-0500 now to get more information and the full equipment list. The owner is selling the assets because he is moving his business to a new location. ** An asset sale is a sale in which the seller cannot prove profits, there is no profit, or it is a break-even business. Many times the asset sale price of the business is substantially less than if you were to go buy the fixtures and equipment, do the build-out, and start from scratch. Be advised that there are no books and records to review. You are buying the business as is and there is no representation for present or future cash flow.**.
Beverly Hills, California
Boutique Full-Service Hair Salon
$ 149,000
CF : $ 81,000
You will absolutely fall head-over-heals for this upscale and unique full-service salon for sale! It has a great location on a busy street in a trendy, well-established affluent area near Beverly Hills and West Hollywood. It also has excellent visibility and easy and ample parking! This boutique salon has a contemporary interior, and features 8 hair stations, 3 shampoo bowls, and a room for an aesthetician. It also has two dressing rooms, dispensary, kitchen, laundry area with a stacked washer and dryer, and ample storage. A retail area displays a wide selection of professional hair care products, such as Pureology, Bosley, Wella, Brazilian Blowout and Lable.M. There are 6 employees that are on a commission basis, and a receptionist that is paid hourly. Services offered include precision cuts, styling, expert color, up-do's, Brazilian Blowouts hair extensions, threading and eyebrow and eyelash color. The loyal staff complement each other and enjoy working together as a team. The excellent service from the stylists has retained loyal customers who provide constant referrals! The salon occupies 1,250 square feet and has a low monthly rent of only $2,800! Although this well-known salon has low competition in the area, the owner has identified several opportunities to grow the business, such as filling any open hair stations and marketing to the 3,500 clients in the database. The current owner would like to sell so that she can move
Santa Clara County, California
Kids Entertainment And Fitness Center Franchise
$ 1,150,000
CF : $ 275,855
This business is an entertainment and fitness center that provides fun, open play, parties, camps and fitness classes focusing on healthy living for children 3 to 13 years of age, with an area where toys and gifts are displayed for sale and a kitchen where food can be ordered and brought in for parties. Multiple revenue streams make this business quite robust. The business provides a place for families and children to have FUN in a positive and healthy fashion, through a profitable and efficient business system. What better lifestyle business could you have than one that surrounds you with parents and kids having healthy fun? It's a fantastic business for anyone that would like to exit the corporate world and wants to spend more time with their family and community. Have family fun while running a profitable business!
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
Orange County, California
Gifts & Engraving Shop
$ 149,000
CF : $ 59,000
This beautiful gift shop is located in an idyllic Orange County seaside community, where a blend of locals and tourists stroll along the street shopping at the many unique shops, or stopping to eat at one of the many restaurants. Situated on one of the best blocks on the street, this shop gets plenty of foot traffic from the nearby beach and restaurants. It is the only local shop with a great product mix of stationery, invitations, picture frames, jewelry, home fragrances, tabletop accessories, as well as silver and crystal items that can be engraved right in the store! Established in 1994, the store has consistently provided excellent customer service and carried exclusive, high-end brands. As a result, the store has a very loyal, and affluent clientele. The business has a strong cash flow from the high profit margins and low rent. It also could be absentee-run, as it is easily run and managed by one employee. The owner has identified opportunities to grow the business, such as offering more engraving and adding embroidery for bed and bath items. Approximately 10,000 in inventory is included in the sales price. The owner is selling the store so that he can move out of state.
Santa Monica, California
Restaurant, Cocktail Bar - Asset Sale
$ 295,000
Large long established lunch and dinner restaurant with same owner since 1980. Full bar area with 47/58 liquor license that is grandfathered in with no restrictions. One can go to 2AM. This is an asset sale based on location, lease and hard liquor license with no restrictions. Excellent reputation with current menu. Owner would like to retire. Parking for up to 40 cars by valet. Great lease under market at $3SQ. Doing over $1,500,000 in sales before pandemic. Currently doing $25,000- $30,000/wk with take out , patio dining and now inside sitting
San Bernardino County, California
Full Service Salon
$ 49,000
CF : $ 17,000
This well-established salon is located in a newly remodeled shopping center in San Bernardino County. The center is anchored by a major fitness club, and has many popular fast food restaurants and retailers that draw customers! The 1,600 square foot salon features 8 hair stations, 3 shampoo bowls, 5 hair dryers, 1 facial room, plus a laundry room, a storage room, and a break area. The facial room comes equipped with a table, steamer and towel warmer. The loyal, long-term staff consists of 1 part-time, and 4 full-time cosmetologists, and 2 full-time barbers, all of which are on a rental basis. The salon caters to families, and offers hair cuts, styling, color, highlights, permanents, hair straightening, as well as, men's hair cuts, fades and outlines. There are opportunities to grow the business by filling the remaining hair stations and aesthetician room, selling hair care and skincare products, marketing the salon, and adding a website. The owner is selling the salon because she would like to slow down. She is willing to stay and rent a station if the new owner would like.
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