Turn Key Business with E-Commerce

Manawa, IA (Pottawattamie County) (Relocatable)

Seller Financing Available
Main Store front
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Asking Price: $99,900

Cash Flow: $32,600

Gross Revenue: $248,000

EBITDA: N/A

FF&E: $18,900

Inventory: $45,000

Rent: $1,500 /Month

Established: 2004

Turn Key Business with E-Commerce

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Business Description

Low risk opportunity to own a business in a high traffic shopping cent

Have you ever thought about owning your own business, but didn't know where to start? Well, now is your chance to be your own boss with this ''Turn Key''- Established ''Dot Com Business'' and a Physically Leased Retail Showroom in a newer high Traffic Area (by Walmart, SAMS, Menards, Home Depot, ect..). The Price includes several high traffic internet domains, equipment, vehicles, and inventory. Great Sales in 2018, Over 15 years as a bedding store in this location. If you are moving from out-of-town, there is also an available "package deal". Real estate owned by the corporation: A nice 3 bedroom house, 108 N 8th St, MLS# 18-2466, that is located about 5 mins from the store. Please note that this business was inherited back this year, so we only have a 6-7 month track record...but, this business is priced accordingly. No blue sky.

This would also be the perfect 1031 up-leg as it allows investors to withdraw equity and sit on the sidelines rather than acquiring other assets with aggressive cap rates. An exceptional opportunity to acquire this eCommerce/bricks & mortar business. Call or email us and we will show you how zero cash flow assets can maximize your 1031 exchange.

*Easily assumable lease and vendor contracted inventory. Three year fully amortizing financing with a below market fixed rate of 3.901%.

* Strong Demographics

* High population and income demographics throughout the portfolio.

* No NNN! Flat Lease Rate(no supersizes or increases).

* Short or Long Term Lease available.

* Newer Shopping Area

*Portfolio with Real Estate (Living Quarters Home) is Optional-
The properties and being offered as a portfolio or individually

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
3/22/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All rights to intellectual property: OmahaBed.com, NebraskaBed.com, NebraskaMattress.com, BaylissPark.com, Whisperingoaks.info. All equipment- see list. Vehicles and Equipment: GMC Delivery Truck, 40 ft. Semi Trailer (Storage-Bill of Sale Only). Small tools and delivery equipment, inventory, Computer Equipment, Point of Sale System, International Shipping Bond/Ins, Equipment, Signage, Desks, Counter, Files Cabinet(s), and over 120 feet of Pallet Racking. Plus, Lease Hold Property, Property Mgt, & CAM agreement for up to 3 years-option to get out
Competition:
Very Limited Competition. Only two other competitors in town, The Mattress Firm, and an old local furniture store. • Very reasonable rent of only $1500. A month (a low risk opportunity). • Over $250k in 2018 revenues - a record year. • The Omaha-Council Bluffs MSA has over 1,000,000 residents
Growth & Expansion:
Plenty of room for franchising opportunities, and/or opening additional locations.
Financing:
Will Finance with at least 33.3% down
Support & Training:
30 days of training and support from professional marketing company.
Reason for Selling:
Lack of complete staffing and owners poor health.
Business Website:
http://OmahaBed.com
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Business Location


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Business Listed By:
Monte Wilson

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