Great Income / Cashflow on the Central Coast of California
Asking Price: | $850,000 |
Inventory: | $200,000 |
FF&E: | $110,000 |
Gross Revenue: | $2,800,000 |
EBITDA: | $325,000 |
Established Year: | 2009 |
Turnkey Highly Profitable Retail Chain
Established Retail business with locations in San Luis Obispo, Santa Maria and Lompoc (each location about 30 miles apart) Business has been established in the community for over 15 years and has a tremendous consumer following and customer base. For the purpose of this ad, the industry is confidential but the nature of our operations are greatly sheltered from online competition.
The business is not overly complicated to run, and has staff in place to manage daily operations. No particular experience is needed other than having decent head on your shoulders and good common sense. As with many things in life, having a tremendous amount of heart behind your endeavors is generally more powerful than a dozen Harvard graduates behind a desk.
Owner is looking to retire and pass the business down the line. Owner will provide plenty of training and mentorship during a generous transition period.
Tax records are strong and should support SBA loan etc.
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FranchiseCash Required: $50,000