Asking Price:$270,000
Gross Revenue:$1,732,999
FF&E:$80,000
Inventory:$189,140
Real Estate:$630,000* *not included in asking price.
Business Description
Awesome price Boat Dealer & Repair Shop on top Location LA
This business has been around since 2005, and it has consistently made over $1,500,000 in sales. It is turn key, managed entirely by the employees. The owner is not involved other than minimally making sure that everyone does their job. The transition to a new owner should be really easy.
In great location.
The current owner is advanced in age and is ready to retire. He is selling the business for the price of the assets alone (property, inventory and equipment), not even adding the value of the business itself.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Owned
- Not included in asking price
- Building SF:
- 9,950
- Employees:
- 8
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Property is available for sale also for an additional $630,000. Business is available to buy by itself. Property includes: – store front -office -warehouse Plenty of parking area. Top industrial lot. Aprox 1.5 acres Great location.
- Competition:
- One competitor in the area , but enough business for both of them.
- Growth & Expansion:
- Easy to grow
- Support & Training:
- 30 days transitional training. The staff handles the entire business. The business is turn key.
- Reason for Selling:
- Retirement
