This well-known and highly profitable vacuum sales and service business has been serving the community for decades. It is a frequent winner of awards and is an authorized dealer for several key brands. The business has remained extremely profitable as a 'bricks and mortar' business. New owners might look to additional locations or an online presence to expand sales.
The Owners are willing to train Buyer to allow for a successful transition. The business is currently operated by the owners, a manager, and three full time employees, but high margins would allow for hiring of additional staff for more passive ownership. Owners have a good relationship with landlord. Successful Buyer to negotiate new lease during due diligence. Prospective Buyer(s) to execute Non-Disclosure Agreement (NDA) for additional details and may need to show proof of financial qualification. Seller is looking for an all cash buyer. Any Seller financing would for short-term and a small percentage of the overall sale price. Seller is looking to retire and not be tied to new owners after a training/transition period.
Disclaimer: Information concerning this listing is provided to Broker by Seller. Broker has not verified the information and makes no representations as to its accuracy. The net income/profit figures are the Seller's Discretionary Cash Flow (SDCF). Broker to Broker Cooperation limited to BRE licensees with extensive experience in business sales.