Wholesale Distribution - SF Bay Area
South San Francisco, CA
This 27-year old independent wholesale distributor of industrial rubber hose, couplings, conveyor belting, expansion joints, sheet rubber, and other rubber products, conveniently adjacent to an interstate highway, is for sale for the first time in its long, successful history. Loyal, long-time customers have been cultivated in industries such as construction, manufacturing, mining, wastewater treatment, recycling, and in federal, state, county, and municipal government. The current active client list consists of 200 + customers. About 40 - 50% of sales are drop-shipped, while some orders require fabrication (cutting hose to size and attaching couplings). Gross sales average $750,000 per year, gross margin averages 38% +/-, with a net to owner at 10% +/-. This is a very well-run business by an MBA selling founder and owner, who only works on-site three days a week. Many blanket purchase agreements are in place, and a large portion of business is transacted over the internet, including receipt of purchase orders, wire transfer payment, as well as credit cards payment. Accounting is farmed out so all financial statements are timely and accurate. Asking price is $299,00, plus inventory of $80,00 +/-.
This business has been pre-approved by an SBA bank lender for a package deal of approximately $379.000 with a cash injection from a qualified buyer of $129,000.
For further information on this profitable distribution company, an executed non-disclosure agreement will need to be on file available from this web site or by emailing the listing agent (JohnLIrvine@cs.com) before calling please.
DISCLAIMER: This information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability from representations of warranties, expressed or implied, contained in such information. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer.
SF Bay Area Retail Bakery - Sales above $2.8MM; Nets above $395K
This retail bakery in the Bay Area is very popular with locals and tourists alike. It's voted Best Bakery year after year in its locale, and has consistent 4+ star reviews in Yelp.
You’ll have to fight for a place in line and then take a number to get what have been described to me (by a real live foodie), as “… John, I put myself through college preparing fine food. My benchmark for a bakery is their almond croissants. John, these were the very best almond croissants I’ve ever tasted. Seriously.” This banker who has given an SBA loan pre-approval for this business, went on to say “… if I wouldn’t have to uproot my family to do it, I’d buy this business myself; it’s perfectly set up with experienced bakers, friendly counter staff, and an excellent management team. I wouldn’t change a thing. I can’t believe the owner can do this much business from a space this size. Amazing!”
A qualified buyer will know baking, have prior business ownership, with at least 10 employees, and will have the $375K of liquid funds required by the Bank for the SBA loan. Agent will require these bonafides before releasing location and name of business.
Call for more information on this outstanding business opportunity. – John Mittelstet, Business Pros, Inc. 408-460-5446; email@example.com Ask about listing# BPI-875.
SF Bay Area Beachtown Deli nets $550K on sales of more than $4million
SF Bay Area Beachtown Deli nets $550K on sales of more than $4,000,000
In business over 25 years, this local favorite in a high-tourist beach town knows how to keep people coming back. Retiring owner seeks experienced buyer and is very willing to share his system for success. The business started as a niche specialty food business, but has blossomed into a strong morning and lunch crowd with a growing evening presence (which still offers room for lots of growth). Company strengths include: 1) a super team of management, most of which have been long-term players, who together with hard working customer-centric employees, allow the owner/founder to spend on average less than 6 hours per day during his five-day week at the store, and spend two months vacationing; 2) annual sales of more than $4MM with an average ticket of less than $15; 3) what may be the highest per square foot sales of any retail food business in California; 4) a great lease that extends beyond 2030; 5) High Yelp reviews in a very competitive local market; 6) Eye-catching web presence highlighting every facet of the business; 7) SBA loan pre-approved for a qualified buyer. A qualified buyer should be able to satisfy owner’s and landlord’s stated requirement for prior successful retail food experience, and show at least $350K liquid for what will be the SBA’s downpayment requirement.
Agent will request bonafides and NDA prior to disclosing name and location. Right player may see this as a regional multi-store and/or franchising opportunity.
Ask Business Pros, Inc. about listing #941 – Agent John Mittelstet 408-249-9789; txt to 408-460-5446 or email to firstname.lastname@example.org (please include return phone number)
Restaurant/ Brewery with $839K SDE - Absentee
Established over 10 years, this business features a sports bar, great dining options, a banquet facility and brewery where current brew master currently makes five branded beers on site. Rare opportunity for an entrepreneur to build his own microbrewery brand or an acquisition target for a large microbrewer. One of the most popular hangouts in the SF Bay Area, it enjoys the business of many loyal customers. it has developed a strong brand in the community. Revenues of over $3MM with $839K SDE. 3 ABC licenses: TYPE 47, TYPE 23 and TYPE 58 and a DISTRIBUTION LICENSE. SBA Pre-Approved with $1MM down. Training is available and the absentee ownership is motivated.