Don Smith, President/Owner. Possesses an advanced degree and over 25 years of varied business experience from business start-ups to major acquisitions.
Associates- Full staff of Brokers with experience in all areas including construction,distribution,manufacturing,business services and retail. Our associates include a Licensed Real Estate Broker and a Certified Public Accountant.
Gulf Shores, AL
Start a Resort Property Management business with Book by Owner and start living the lifestyle you’ve always dreamed of.
Who we are:
Book by Owner pioneered fee based resort property management and continues to be the industry leader. Our business was specifically designed to service vacation homes rented by owner and we need you to help us seize the tremendous opportunity available in Gulf Shores, AL.
Baldwin County, AL
This is a very profitable specialty retail operation that has become a destination and internet source for high demand product lines. Sales for 2013 were $6,700,000 with 10% of the sales from the internet with the balance coming from in-store sales. The new web site is being developed, and the owners expect to increase internet sales by 10% to 15%. The nature of this business is highly seasonal. The cash flow (SDE) to an owner/operator is $1,185,000 as pulled from actual 2013 tax returns. The year-to-date for 2014 is showing a 10.5% increase in sales as compared to the same period last year.
Located on the Gulf Coast this business serves in-store customers coming from Panama City, Florida to the Texas coast. The facility is located on 5 acres in a 20,000 square foot building. The showroom is 14,000 sf and it has a large air-condition warehouse that extends the available display area. The real estate is included in the purchase price, and we have a new appraisal showing the value of $2,100,000. Also included in the purchase price is inventory valued at $1,650,000 at cost.
This business has been conditionally pre-approved for SBA lending with 20% down for an acceptable buyer. If the SBA loan is approved a new buyer could net $675,000 after all expenses and debt service or $56,250 a month, this is only an estimate.
This is a fun business and offers exciting personal and event participation opportunities for a new owner/operator. The business has excellent name recognition and a large, loyal customer base. Retirement is the reason for the sale after 30-years under the same ownership.
This is a confidential listing, and a confidentiality agreement and personal financial statement will be required before any information can be disclosed. This Gulf Coast area is a popular tourist and resort area and a great place to live and work. Contact Lanier Chew at email@example.com for more information.
Baldwin city, AL
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