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Profitable Absentee Opportunity

Abilene, TX (Taylor County)

Profitable Absentee Opportunity
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Asking Price: N/A

Cash Flow: $120,000

Gross Revenue: $197,000

EBITDA: $120,000

FF&E: $584,000

Inventory: $10,000*

Real Estate: N/A

Established: 2011

*not included in asking price.

Profitable Absentee Opportunity

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Business Description

Motivated Out of State Owner - Make an Offer

Well established and profitable portfolio of five (5) ice vending machines with a car wash on one of the sites. The real estate is owned at three of the sites and leased at the other two (2). The owned property will convey with the sale. This business is run absentee with two (2) local part time helpers. This business appraised at $850,000 in December 2017. The seller is open to looking at reasonable offers at a discount to appraised value.

Detailed Information

Location:
Abilene, TX
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates from five (5) locations. Two (2) leased locations and three (3) where the real estate is owned.
Competition:
Competitors to ice vending machines tend to be grocery and convenience stores. Ice vending machines tend to sell at significantly lower prices with a bulk dispense option to quickly fill a cooler.
Growth & Expansion:
The business is quite profitable with a very absentee owner. Additional sites & machines can be aquired to grow the portfolio footprint.
Support & Training:
As needed to ensure a smooth transition
Reason for Selling:
Other Business Interests
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(from currently available funds)
 
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Scott Cronk

Business Listed By:
Scott Cronk

TYLAS International LLC

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