| Asking Price |
$350,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$425,000 | Real Estate |
|
| Cash Flow |
$122,000 | Year Established | 2001 |
| FF&E |
$50,000* | Employees | 3 |
* included in the asking price
** not included in the asking price
Nationally recognized retailer of consumer products. Washers, dryers, refrigerators, vacuum cleaners, mowers and other essential products are sold. The business includes display items, but carries no inventory as products are shipped when purchased. No inventory to finance and carry! This results in good margins and competitive pricing for consumers. Exceptional national brand recognition with strong marketing support. The current owner lives two counties away and spends limited time interacting with store employees. Absentee income was $76,409 in 2008, if buyer were to operate business income would have been $122,000. Buyer must be approved and trained by national franchisor.
Financing: $75,000 amortized over 48 months at 8%.
Support/Training: National Franchisor provides in depth training for buyer. The seller is also including two weeks of training at at 20 hours a week.
Reason Selling: Owner wants to concentrate on locations closer to where he lives.

Michael Downer
707-226-9820
Downer & Associates, Inc.
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