Knife Sharpening/Rental Service Route "MS-1279"...nets $1,700/wk

Asking Price$189,000

Cash Flow
$88,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$105,144

Inventory$16,000
Included in asking price
FF&E$25,000
Included in asking price
Real EstateNot Disclosed

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Knife Sharpening/Rental Service Route "MS-1279"...nets $1,700/wk


Asking Price$189,000

Cash Flow
$88,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$105,144

Inventory$16,000
Included in asking price
FF&E$25,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
ROUTE BROKERS, INC. - The Established SOURCE since 1985 for the BEST Routes-for-Sale +=+=+=+=+=+=+= EXCLUSIVE LISTING. Knife Sharpening/Rental Service Route "MS-1279"...nets $1,700/wk (after all expenses). Works JUST 3 DAYS/WEEK! Delivers sharpened knives just 2 DAYS/WEEK! HOURS ARE FLEXIBLE! Steady income - rain or shine!
About the Business
Years in Operation
97
Facilities & Assets
Knife Sharpening/Rental Service Route "MS-1279"...nets $1,700/wk (after all expenses). Price includes $25,000 of Equipment and $16,000 of inventory. No vehicle is included; buyer can use personal vehicle for route. Territory includes the 5 boroughs and New Jersey. Customers include supermarkets and restaurants. Income steady regardless of holidays or weather. No special insurance is required.
Website
http://www.routebrokers.com
Market Outlook / Competition
Seller has a very loyal customer base, mostly supermarkets and restaurants, who have been with him for many years. Route has been established since 1928 and has only changed ownership once from the original family that started the business.
Opportunities for Growth
Seller is very confident that the business can grow and has techniques for Buyer to add on more accounts. Seller was asked to service additional AppleBees in Long Island and will be happy to help new buyer contact the owner and get those accounts.
About the Sale
Seller Motivation
Retiring.
Transition Support
Experienced seller willing to mentor and train.
Financing Options
5-year term @ 8%.
Listing Info
ID
2397344
Listing Views
361

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Business Listed by: RBI Sales Dept. Route Brokers, Inc.

Listing ID: 2397344 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.