Hot Listing

Great Income / Cashflow on the Central Coast of California

Asking Price$850,000

Cash Flow
Not Disclosed

EBITDA$325,000

Gross Revenue$2,800,000

Inventory$200,000
Included in asking price
FF&E$110,000
Included in asking price
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Hot Listing

Great Income / Cashflow on the Central Coast of California


Asking Price$850,000

Cash Flow
Not Disclosed

EBITDA$325,000

Gross Revenue$2,800,000

Inventory$200,000
Included in asking price
FF&E$110,000
Included in asking price
Business Description
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.
About the Business
Years in Operation
16
Facilities & Assets
Multiple vehicles included in the sale including Freight Trucks and Delivery Pickups,
Market Outlook / Competition
Business is uniquely positioned and sheltered from most common threats from online competition and has a niche offering that maintains its dominant position in its local market.
Opportunities for Growth
Business is scalable to the new owners taste.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
20,000
About the Sale
Seller Motivation
This business has enabled the owner to buy multiple rental properties and owner
Transition Support
Owner will provide ample training and mentorship during a generous transition period.
Listing Info
ID
2285654
Listing Views
2883

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Business Listed by: Adam Graves

Listing ID: 2285654 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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