Charleston Billiards & Cue

Charleston County, SC
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Sale Pending
Asking Price:$595,000
Gross Revenue:$975,351
Rent:$4,250/Month
FF&E:$110,000
Cash Flow:$165,301
Inventory:$100,000
EBITDA:$165,301
Established Year:1998
BUSINESS DESCRIPTION

Charleston Billiards & Cue Company, Inc. is a 26-year-old business and enjoys and has earned a stellar reputation in the South Carolina Lowcountry for selling top of the line billiards tables and performing expert professional pool table services and pool cue services. The company, since expanding its store size by over 4 times is on a path to double revenues. In addition, recently signing on as the exclusive Brunswick dealer in the area will further propel sales as the company now can expand product offerings to shuffleboard tables, foosball tables, ping pong tables and air hockey.


DETAILED INFORMATION
Location
Charleston County, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,625
Lease Expiration
19/06/2037
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The 6,625 square foot facility has ample room for inventory, work areas and a product showroom. Ample assets include a F150 delivery truck.
Competition
There are competitors but Charleston Billiards is dominant in the Charleston market.
Growth & Expansion
Revenues continue to grow and the opportunity to greatly expand sales into the additional Brunswick offerings now available to the company exists for an aggressive new owner.
Financing
SBA financing is available to a qualified buyer.
Support & Training
The current owner will provide extensive support and training on a negotiated basis.
Reason for Selling
The owner is retiring.
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Marc
Williams
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Marc Williams