Prime Real estate and 10 year old profitable business!!

Monmouth County, NJ

Seller Financing Available
Vaccume Store
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Asking Price: $645,000

Cash Flow: $128,000

Gross Revenue: $315,000

EBITDA: N/A

FF&E: $5,000

Inventory: $5,000

Real Estate: $450,000

Established: 2009

Prime Real estate and 10 year old profitable business!!

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Business Description

10-year Old; Profitable; Turn Key Vacuum Sales and Repair Business +Real Estate

2017 Revenue: $315,000
2017 Cash Flow: $128,000

Location! Location! Location!! Amazing opportunity to acquire a 10-year old, PROFITABLE, TURN KEY, very successful vacuum sales and repair shop with prime real estate. The real estate alone sits on 1/2 acre on the very busy hwy . The real estate is worth $450,000. The existing building is 1650 square ft and comes with plans and approvals to expand it to 2250 square feet. The business was founded in 2009 and is well established with very little competition and PLENTY OF ROOM FOR GROWTH by going after the untapped business from the commercial market i.e... Hospitals, Industrial and local cleaning companies. Also, by attending one or more of the many local Home shows. The business has 75% repeat customers! There is a Seasoned staff and management in place for the new owner! Currently the repair side accounts for 60% of the business and the new/refurbished side accounts for 40%. Sears was the biggest competition and since it has closed its doors this business has already seen a steady uptick in sales and repairs. Owner is will finance up to 10% of the sale of the business depending on the buyer and the offer. BELOW MARKET VALUE!!! DON’T MISS THIS OPPORTUNITY!!

Detailed Information

Location:
Monmouth County, NJ
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,650
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great Highway exposure with plenty of room to grow
Competition:
They’ve seen an influx of new customers when their biggest competition, Sears, recently shut its doors.
Growth & Expansion:
There is a group of people who thrive on cleanliness. Cater to this market to grow the business with long term repair and sales contracts. - Industrial - Commercial - Household and Commercial cleaning companies - Hospitals - School District
Financing:
10% Finance available
Support & Training:
Yes
Reason for Selling:
Retiring/Moving
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Scott Hartman

Business Listed By:
Scott Hartman

BBDC

Show Phone Number

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Sponsoring Broker:
Toby Barker

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