40 Yrs Est Sales/Repair: High Profits Unique Niche

Palm Beach County, FL

40 Yrs Est Sales/Repair: High Profits Unique Niche
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Asking Price: $149,000

Cash Flow: $76,501

Gross Revenue: $195,084

EBITDA: $76,501

FF&E: $10,000

Inventory: $20,000

Rent: $1,800 /Month

Established: 1979

40 Yrs Est Sales/Repair: High Profits Unique Niche

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Business Description

40 Years Established Sewing Machine and Vacuum Cleaners Company for Sale. This unique, easy to run, and very profitable niche business sells and repairs specialty industrial-type sewing machines, household sewing machines, and vacuum cleaners. Company operates out of a retail storefront where there's plenty of walk-ins with repair-room area in the back. Same family has operated for 40 years and owner is now retiring. Will train buyer in how to repair. Company services from Boca to Ft Pierce. About half the business is sales and half is repair. Large customer clients (which is about half of total revenue) include boat companies, schools, auto shops, cleaning companies, and upholsterers. Buyer can hire mechanic and focus more on running the store and increasing marketing activity. Reasonable rent of just $1800/month and owner benefit (not including cash sales) of $76K. Very few competitors in this special niche business. Please contact Martin Berliant at 561-827-1181 or email for more information. Non-disclosure form is required.

Detailed Information

Location:
Palm Beach County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
30 days
Reason for Selling:
retirement
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(from currently available funds)
 
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martin berliant

Business Listed By:
martin berliant

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