Engraving, Gifts, Trophies and Jewelry for Owner Operator

San Diego County, CA

Seller Financing Available
Engraving, Gifts, Trophies and Jewelry for Owner Operator
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Asking Price: $75,000

Cash Flow: $39,096

Gross Revenue: $118,743

EBITDA: N/A

FF&E: $40,000

Inventory: $25,000

Rent: $2,037 /Month

Established: N/A

Engraving, Gifts, Trophies and Jewelry for Owner Operator

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Business Description

Owner operator has been providing engraving services and related gifts, trophies, and jewelry in this San Marcos, CA location for 17 years. Business enjoys repeat business customers with on-going or annual needs. Locks, plumbing fixtures, recognition awards, tags, stone plaques, plumbing fixtures, and gifts are examples of items engraved. All trade equipment is owned free and clear: engraving machines, sheers, bevel, buffer, drill press and extensive assortment of tools will convey. Credit card processor is leased.
Seller retiring and moving to Texas.
Everything you need to take over and grow this specialty business is in place. Reasonable lease in strip about 980 sqft for $2,037/mo. plus about $300/mo. CAM. Current term expires end Feb 2020 but extension can be negotiated. Approximately $25,000 inventory and $40,000 FFE included. Receivables will be negotiated at COE. Seller states 2018 Gross a little over $100,000. SDE about $24,000. 2017 Gross was $118,743, SDE $39,096. Seller will train for 20-30 days as needed. Asking $75,000. Make an offer, motivated!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
970
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In location 17 years.
Growth & Expansion:
Plenty of growth opportunity with a little marketing and energy.
Financing:
30000.00
Support & Training:
4 weeks
Reason for Selling:
moving
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Contact the Seller

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Linnea Westlake

Business Listed By:
Linnea Westlake

Transworld Business Advisors

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Sponsoring Broker:
Marshall Pollock

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