Established Ink and Toner Retailer - with additional business services

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Established Ink and Toner Retailer - with additional business services

Asking Price:$49,999

Cash Flow:$50,172

Gross Revenue:$146,959

EBITDA:N/A

FF&E:$20,000

Inventory:$11,000*

Rate/Sq. Ft.:$3.09

Established:2004

*not included in asking price.

Established Ink and Toner Retailer - with additional business services

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Business Description

12 Years History - Stable and Repeat Customer Base

This professionally designed and equipped ink and toner retail store (with additional business services including print/copy/fax/notary) is located in a population dense area with visibility from tens of thousands of cars and pedestrians per day, and within walking distance to hundreds of restaurants and tens of thousands of apartments and other businesses. The startup cost alone to build out and equip a store like this is over $60,000. With this purchase you are also getting 12 years of good will including existing and recurring business and marketing reach. Owner is running another 2 businesses and is unable to dedicate time to this business, hence putting it for sale at a low price with the intention of a quick sale. It is currently 100% employee run (1 person), which would be replaced by the new owner (employee compensation is used in lieu of owner compensation in cash flow data). Excellent lease locked in for 3 more years, with additional 5 year option. Gross Profit is around 60% of sales.
Over $1MM in sales since 2010.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
771
Lease Expiration:
9/30/2019
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Approx 770 hundred square feet keeps the costs down. Neighboring building which just completed has over 400 new apartments and a major grocery store attracting tens of thousands of shoppers per day. This is all new traffic and exposure that has led owner to lay out plans to expand its business service offerings to include shipping services and PO BOXES. Over $20,000 has been spent in professional marketing related collateral which is available to buyer. Point of Sale and other software needed to run the business is all included.
Competition:
No known direct competition for ink/toner refills in the area.
Growth & Expansion:
Expansion with additional business services (we get requests every day) is expected to help grow foot traffic and sales. The fact that the neighboring development project is now complete (was under construction for the last 2 years) should also bring growth as there are now hundreds of new immediate neighbors and thousands of daily new visitors to the grocery store next door. City and neighborhood is experiencing rapid growth. Excellent rent.
Financing:
Requires security. Will finance up to 50% of purchase price at 8% APY for 3 yrs.
Support & Training:
The management and ownership behind this retail store has successfully launched over 30 additional locations worldwide as franchises. This location was the original US location, created and managed as a pilot store, and is not subject to franchising limitations. No fees, no royalties. Comprehensive support and training will be provided.
Reason for Selling:
Owner is busy with other (not local) businesses and does not have time

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