Manufacturing & Distribution Co.
Passaic County, NJ
Owner preparing to retire with this family owned, forty-year-old highly profitable manufacturing & distribution company with a dependable gross yearly income of $1,382,341 and a net yearly income of $381,000. The company designs, manufactures and distributes high-performance power supplies for a wide variety of applications, including: Medical, Military, Computer, Industrial, commercial, Telecommunications, Railway and Transportation industry. For the medical industry they offer diagnostic and therapy equipment, home equipment like nebulizers and blood pressure monitors, X-ray machines, surgical tools with lights, lasers and video microscopes, defibrillators, Medical devices and equipment, Portable ventilators, 3D laparoscope, Pain-monitoring devices, Aesthetic machines, Medical analyzers, Medical aesthetic devices, Medical endoscope devices, Dental chairs and Hemodialysis devices. Their customers power supply needs covered with their broad range of switching power supplies, DC-DC converters and linear power modules. With thousands of off-the-shelf models and custom designs, they produce and offer every power supply to the highest quality and performance standards. Many of the company’s DC-DC converters and AC-DC converters have been approved for use in medical applications—including equipment and devices used in close proximity to patients. All of their medical power electronics meet or exceed IEC 60601-1 requirements, offering two means of patient protection (2MOPP). Also many of the medical products have isolation voltages of 5,000 VAC—1,000 volts above the minimum required by the IEC 60601-1 standard and all of their medical power electronics exhibit low leakage currents to prevent electrical shocks. The company has an outstanding reputation They are a third generation family business that has been serving customers for the past 81 years. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return, the first year, to the owner operator prior to debt service. The company has seven full time employees who are unaware of the pending sale and fully expected to remain post-closing and the monthly payroll is approximately $23,000. The sale can include a new commercial business lease which will expires 2017-01-01 Plus additional options, with a monthly rent of $3,000 and rent security $3,000 and an option to purchase the real estate. Additionally the real estate is available to purchase separately. The business facility is located in an urban commercial area and consists of 2,700 square feet and a capacity for numerous customers. The assets of this business transaction consists of fully equipped manufacturing and distribution company with an estimated value of approximately $75,000 which includes displays, POS & accounting systems, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The business locations have appropriate private parking at the facilities which is part of the commercial lease agreement. The business is active based on a five-day work schedule with hours from 9:00 am to 5:00 pm. This business transaction does not require any specific government license to purchase except the required the certificate of occupancy from the particular municipality and any other required city licenses to conduct its day today business. The company’s marketing system is acceptable and consists of various systems with an average monthly cost of $4,650 monthly. The owner who represent a family group will remain post-closing in order to supply an appropriate training & transitional period to the new operator. The existing owner has elected to retire after many years in this manufacturing industry. The customer base represents various company’s in specific industries that require this particular product and none of the base customers represents more than 10 % of the business income. The business can be improved by instituting a sales staff, which would further develop the business income performance. There are limited competitors in the industry and the cost of a new operation will require substantial capital investment, also the owner has agreed to supply a non-compete agreement to the purchaser. A snapshot of the firm’s recent revenue history is as follows: 2013 $1,301,254, 2014 $1,382,341, The company’s 2014 calendar year ended September 2015 and the net yearly income was $381,000 based with an onsite / owner operator and prior to any debt service. The business has been valued based on a multiple of three times the net yearly income which includes the value of the specific business assets and bank and seller financing can be considered to a qualified buyer with the appropriate down payment, collateral and credit rating. Inventory dollar for dollar. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may Not represent this particular business.
Profitable Deli/Convenience Store in Busy Area
Passaic County, NJ
Newly renovated Deli/Hot Food/C-store in a high-traffic area. A nearby school & a very large Laundromat drive many people to this section. SALES: Convenience 60%, Deli 25% & Hot Food 15%. Business has been steadily increasing due to 2 new grills, deep fryer, & a new deli casing added within the past year. New owner should offer more hot food items which should increase profits. The store offers several Addt’l services; OTHER INCOME: Lottery 11k, Money Transfers 3,300, ATM 840, & Bill Pay 1,080 = $16,220. FURNITURE, FIXTURES & EQUIPMENT of $35k included in sale. Owner recently got a new (10) year lease. New qualified tenant can get a similar lease situation. $26k added to payroll to account for the owners’ wages being replaced. Contact Seth Kain @ 201-317-4710 for Addt’l details.
Wellness Center, Restaurant and Spa-27737
Passaic County, NJ
Wellness Center, Restaurant and Spa. This truly is a one-of-a-kind business. Over 100 yrs. old, this business is one of the few remaining in the US. It was recently renovated and offers a full wellness experience with services such as Hydrotherapy, Yoga, Steam Bath and Meditation. They even handle Wedding Parties and Corporate Events. The business also offers a restaurant with a full menu. In the past year the business grossed approx. $350,000.00 with a cash flow of approx. $151,900.00. We are seeking a serious and financially qualified buyer with at least $250K and some spa/restaurant experience. If you meet the criteria, call 1-877-735-5224 for further information.
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Gas Station w/ C-Store
Passaic County, NJ
Seller relocating from this successful Luk Oil Gasoline Station with an active Convenience Store, Lotto and two bay garage. The business is located in Passaic County, Northern New Jersey on an active county road with a high volume of drive by traffic. The business income consists of fuel sales, a busy C-Store, Lotto and auto repairs. The seller is retiring from the industry after many successful years and will train a new operator post closing. Franchise approval is required prior to closing. This is a wonderful business and excellent opportunity to enter the profitable auto industry. The sale includes a fully equipped C-store with refrigeration & freezer units, displays POS system, etc. The two bay garages consists of a computer system, two lifts, high end specialized equipment with a value of $125,000. The fuel station has two islands, four pumps with a full canopy and four 6,000 tanks. The site has substantial private parking for fifteen vehicles at the location. The Gas Station C-Store is active seven days with hours from 5:00 am to 11:00 pm. The business is Lotto approved and has a municipal CO to conduct this business. The business has a franchise agreement for this location at a monthly total rent of $8,700, lease expires 2018/01/01 plus options, rent security $10,000. The employees consist of one mechanic; two fuel attendants and none are aware of the pending sale and are expected to remain post closing monthly payroll is $5,500. Based on purchase price and required down payment the buyer will obtain a forty percent (33%) return on investment. Please call for additional information. The business income consists of gross sales of 600,000 gallons of gas yearly at $.14.5 per gallon. The C-Store produces $90,000 yearly and the repair bays gross yearly income is $360,000. The business can evidence an average yearly net income of $110,000. The price is based on a multiple of the net yearly income and assets, $250,000 plus inventory dollar for dollar. By appointment only, employees are not aware of the pending sale and the enclosed photo may not represent the particular business.
Grill and Money Maker! PRICE SLASHED $69,000!!
Passaic County, NJ
PRICE SLASHED! $69,000!!
OWNER IS MOTIVATED TO SELL. THIS IS A GOLDEN OPPORTUNITY.
ONLY $69,00 AND YOU CAN BE IN YOUR OWN BUSINESS!
This grill is a special opportunity for someone to start up an already successful business or a great second business opportunity that can easily be managed absentee or by yourself.
Whether you are looking to get started in the restaurant business or maybe you are retired and looking for a great opportunity to bring in extra easy money.
This would even make a great second business for you. Maybe even an easy to learn and operate place for your young adult child to get a start in a business of their own! Bring your enthusiasm and add a delivery service and this business is a perfect place to start and definitely be successful.
Great established business for over 8 years! Easy grill menu with favorites of Hot Dogs, Hamburgers, Steak Sandwiches and shakes etc.!
Great location on Main Street and center of town. Unlimited parking for over 250 cars. In a popular Strip Mall with a food market,gym,retail,wine store, garden store and surrounded by lots businesses.
You are the only zoned food place on that side of the street, for blocks away.
You are right there to capture all the hungry people! They want something fast and good to eat and YOU, are right there. You are right in the center of all the shoppers,businesses, the gym members,food market,garden center and the business schools!!
Great option to make this a Mediterranean style food place, which is popular in this area!
This business is easy to operate and manage. You need a grill person,a counter person and yourself and add a delivery service! Easy!!
With low, low rent of only $4,000 Gross, and even your electric is included!! This is an obvious no- brainer!
Sounds like $$$ money in your pocket!
So hurry and grab this great opportunity before someone else does!!
This fast food business, will sell fast!
Franchise Blimpie & Ranch One
Passaic County, NJ
Combo sale of two highly successful franchises at one location with a gross income of $440,000 and a dependable and consistent net yearly income to the owner operator. The businesses are located in Northern New Jersey in the county of Passaic. The business is on a highly active state highway and in a very successful commercial mall with many other national retail companies. Blimpie is a respected brand among the quick-service fast food restaurants, renowned for offering only the highest quality products for more than four decades, people everywhere recognize the quality associated with the Blimpie sub sandwich franchise and are more likely to be repeat customers because of it. The Blimpie sandwich and restaurant chain was created on April 4, 1964, today with five decades of history and locations from coast to coast, the Blimpie brand continues to grow with the strength of its past propelling it forward. Ranch One is a healthy, delicious alternative to fast food which features sandwiches made with premium quality chicken breast, flame-grilled to perfection, topped with gourmet greens, toasted almonds and their famous roasted red pepper sauce - all served on a freshly baked, semolina roll. The taste their customers want without all the fat. The sale consists of a fully equipped modern turnkey fast food restaurant which includes a commercial kitchen, refrigeration & freezers units, ovens, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser. This particular business has four employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $7,366. The business has an assignable commercial lease which expires 2020-01-01 plus additional options, with a monthly rent of $4,000 and rent security $8,000. The business which consists of 1,460 sq. ft. has a capacity for twenty nine customers. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active seven days per week, with hours from 7:00 am to 9:00 pm. The sale includes a certificate of occupancy and food license from the particular municipality and the required franchise approvals to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator prior to debt service. The 2014 yearly gross income is $440,000 and the business has a yearly net income of $84,191 based on an owner operator and prior to debt service. The business has been valued based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.
Licensed Pawn Broker Co.
Passaic County, NJ
Highly profitable industry, specializing in providing the highest loans or purchase for all gold, silver, diamonds, watches, coins, antique, jewelry, collectibles and more. The Pawn industry supplies short term loans with appropriate customer collateral at a very profitable interest rate or purchases valuables substantially below market value. The company is New Jersey State licensed & Bonded, has a safe and secure location and a friendly helpful staff that supplies professional service to their customers. They are knowledgeably and have been in the business for many years. They specialize in providing loans with interest rates at the highest prices allowed by law with the appropriate collateral. These business loans are offered on terms of 30 days and may be extended monthly as long as the interest has been paid, when the principle loan and interest are paid in full, the collateral is returned to the customer. The company also buys and sells U.S. coins which represents a substantial profit. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. This industry requires government agency approval to purchase. This retail facility which consist of 1,340 square feet with a modern professional appearance is located in a mid-size mall with various other active and successful businesses. This profitable business opportunity is located in Northern New Jersey, Passaic County, which consists of various highly populated communities with continued demand for this particular industry. This business has one employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $1,800. The business has an assignable commercial lease which expires 2020-01-01 plus additional options, with a monthly rent of $1,690 and rent security $1,690. The business is located in a commercial mall and the facility which consists of 1,340 square feet has a capacity for approximately twenty five customers. The business assists have an estimated value of $60,000, plus outstanding receivables of $100,000. The sale consists of a fully equipped commercial retail store, which includes displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active six days per week, with hours from 9:30 am to 7:30 pm. The sale includes, New Jersey State license, a certificate of occupancy from the particular municipality and the required city licenses to conduct its day to day business. The owner will remain post-closing for a minimum of 60 days in order to supply an appropriate transitional period to the new operator. The seller / owner is retiring. The business will continue to develop based on its marketing plan, however the company’s web site should be optimized to improve the net income. To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The 2014 yearly gross income is $317,951 and the business has a yearly net income of $60,000 based on an owner operator and prior to debt service. The business has been valued at $125,000 based on a multiple of the net yearly income and the value of the specific business assets and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Passaic County, NJ
Large 5000 sq. ft. store on heavily traveled Main Street, sells beauty supplies, home supplies, furniture, rugs, curtains, bed spreads & many many more items. Asking price includes 250,000 worth in inventory. The $500,000 gross sales figure is projected for 2015 based on sales of $10,000 a week.