Profitable 35 yrs-work 8-10 hrs/wk-earn 23%+ROI

San Diego, CA (San Diego County)

Seller Financing Available
Profitable 35 yrs-work 8-10 hrs/wk-earn 23%+ROI
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Asking Price: $225,000

Cash Flow: $50,000

Gross Revenue: $400,000

EBITDA: $50,000

FF&E: $128,000

Inventory: $247,000

Rent: $3,200 /Month

Established: 1984

Profitable 35 yrs-work 8-10 hrs/wk-earn 23%+ROI

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Business Description

Owner retiring - Profitable for 35 year business - Niche Retail - sell

Profitable proven recession proof niche retail store, producing a profit every year for the past 35 years. Showing growth in sales and profits even during the "Great Recession" of 2008-2010.

Providing products and services that Amazon and the Internet can't! Work 8-10 hours a week supervising 2 employees and earn 23% ROI or more
Mostly help run or work it Full Time and earn around $80,000+. Husband and wife can earn even more.

Owner has been working at this job 5-8 hours per week, sometimes remotely and has earned equivalent to 23% of our asking price. A younger person can increase sales by putting in a few more hours a week in this untouched market that has proven itself for over 35 years. There is a growing need for this product/service especially with the aging population of the baby boomers and they CAN'T get this on the Internet, and our customers know it!

Excellent potential to increase sales and repeat customer, building on our reputation and 5 star Yelp and Google reviews.

A fun a rewarding business with the satisfaction of helping people, providing a product and service they want and need.

This is a business providing a product and service with an ever increasing demand.

Clean books provided (Financial Statements, Bank Statements, Sales Tax and IRS returns) all proving these wild and crazy claims of success.

This is an Old School business providing a lost art of good old fashioned caring, loving service to the customer, offering a highly needed product that genuinely helps people.

Please call, and in the 1st 10 to 15 minutes I promise to explain how all this is possible.
I'm 78 years old, needing to retire, can't see too well and have trouble hearing, even with the best hearing aids. It's time for me to move on and turn this business over to someone a little younger who will reap the benefits of all my efforts building a business into a clean, mean running machine. This is truly a "Turn Key" business. You will be successful even without prior business ownership experience. with a little training and my written business plan you will not fail. Plus you will have an opportunity to grow the business with your own ingenuity and energy. There is a lot of potential to grow this business utilizing my fully optimized successful web site. We have earned the 1st position on the 1st page results of a Google Search. We have been successful in maintaining this position for the past 5-6 years. Google and Yelp love us, we have never misrepresented our products or services, and as a result they provide the destination our customers are looking for.

We are unique in our industry providing a Niche Product that is hard for the others to provide. We have a proven track record and a loyal following of customers.

Please call and we can discuss if this Golden Opportunity is for you.
Jerry 619-787-2418

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,350
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We are located perfectly in the center of San Diego, in a recently upgraded strip mall, with new asphalt, landscaping and building paint and facia. All signage, fixtures and furnishings were recently upgraded. Good low rent lease 4 yrs. remaining, with option to renew. Computers and Software is current, everything needed to run the business is included. Truly a turn key business opportunity.
Competition:
The market for our products and services in highly needed and a requirement for many of our customers. We are in a niche that helps eliminate competition from being a problem. We are a destination store, being centrally located in San Diego, easily accessible from all communities in and around San Diego and North County.
Growth & Expansion:
Great amount of growth is possible, just by adding additional products and services. Additional growth is available just by spending time visiting related industries who already and referring customers to our store. Regrettably I have been remiss in this area recently for the past 2 years, due to age and health restraints, but a lot of opportunity exists in this area. Big opportunity exist in developing social media, unfortunately it's just not my thing. But we have started to spend some time and money in this area and are already seeing good results.
Financing:
Open to Financing $25,000.00 to $50,000.00 to qualified buyer.
Support & Training:
I will provide the training and support necessary for you to feel comfortable to take over on your own. It should only take about 2 weeks, but if you like I'll be available for more time.
Reason for Selling:
I need to retire, due to age and health. It's time for me to move on.
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Business Listed By:
Jerry Ewell

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