TYPE OF BUSINESS: This is an established educational, recreational sports and retail business. Multiple profit centers. Business located in greater metropolitan upper Midwest area. This business is first class in its industry. Owner/operated, very diverse clientele base. The description of the business herein intentionally does not specify industry or other details about the subject business. The business-while involved in an established and healthy industry-is unique and ownership is concerned that once the word gets out that the business may be for sale, the very attractive and efficient management and operational structure, which is important to and enhances the appeal of this business, could be threatened. The current owner enviably has created a structure with managers and other employees where his role can be limited to general administration and where he can be removed from day to day operations and be confident that the business operates successfully. Therefore, interested parties will be required to execute Non-Disclosure Agreements and satisfy the owner that they have the financial capability to close a transaction if they choose to do so, prior to receiving any detailed, specific, confidential, information about the subject business. After these requirements are met there shall be full disclosure as to the nature of the business, the operation, financial history, and other items required for the purpose of due diligence.
FACILITY: Absolutely first class.
EMPLOYEES: The entire business is organized extremely well and operates very efficiently. This store has experienced, trusted, and established management in place.
SALES/CASH FLOW: Gross sales for 2015 & 2016 were between 1.1- 1.9 million, owners indicate that 2017 sales will be comparable to 2016 with over $500,000 in cash flow.
ASKING PRICE: The asking price is $4,000,000.00 plus inventory. Included in the asking price is prime real estate, building, equipment and fixtures. These assets have a value of $3,000,000.00 to $3,500,000.00.
TYPE OF BUSINESS: This well established salvage yard, which was established over 50 years ago by the current owner, buys and sells used “one of a kind” Architectural / Building / Antique items for residential and commercial properties. Samples of the products are lighting, fireplace mantels, buffets, lumber, hardware, doors and windows. The business is well known for their outstanding selection. The owner’s responsibilities are to oversee the operation and purchase the used inventory. Owner is willing to work with a new owner after the business has been sold to insure a smooth transition. Hours of operation are 8:00a.m. – 5:00p.m. Monday – Friday and Saturday 8:00a.m. – 1:00p.m. The potential to grow this business is tremendous. A new owner would want to have all their products available through the internet. Currently, the business has a web site but needs a major upgrade. This is the largest company of this type in Minnesota. There is a tremendous opportunity to sell these products over the internet.
FACILITY: This business operates in a free standing 93,000 sq. ft. Seller willing to give new owner rent free (building only) for up to 2 years. The business must re-locate.
EMPLOYEES: 6 full-time and 5 part-time employees.
GROSS SALES/CASH FLOW: The gross sales for 2012 were approximately $800,000, 2011 were $792,500; 2010 were $1,008,350 and 2009 were $1,046,450. Based on 2012 sales, the owner reports that cash flow was approximately $118,000 ++.
ASKING PRICE: The asking price for the business is $250,000, which includes equipment, furniture and fixtures (estimated value $200,000). The owner is willing to sell the inventory to the buyer on a consignment or floor plan basis. The buyer will not have to pay for the inventory until it is sold. The cost of the inventory to the buyer will be negotiated between buyer and owner. The owner indicates that the cost of the inventory is in excess of $1,000,000.
REASON FOR SALE: The owner is tired and wants to retire.
Important Notice: The above information has been provided by the Seller. Neither The 20/20 Group, Inc. (dba Opportunities In Business) nor its agents guarantee its accuracy or comprehensiveness. 7670 b.k.
Metro area-sells product throughout the Midwest region primarily.
Products are many and varied and include material handling, mechanical and electronic products. Serves customers primarily in the packaging industries. Most customers are repeat-but they order periodically to meet their needs. Products are supplied from the highest quality manufacturers worldwide. (Owner is both a “rep” and a distributor).
Sales have ranged from about $300,000 to $600,000 per year in the past four years, averaging about $450,000 per year. Gross profit has been in the 25% range. Normal operating expenses include light travel, trade shows, telephone, insurance and miscellaneous expenses. Owner operates from home and has some space dedicated for inventory and his office. Business can be located anywhere.
Growth can happen through an increased effort in sales and marketing.
Customer contacts include business owners, engineering managers, plant managers, maintenance managers, and production supervisors. A new owner with an engineering background will bring additional value to the business.
Most of the products offered have the advantage of either being the world’s best quality or have significant cost advantages over the competition. Beyond product-the owner provides problem solving and consulting service to customers and that accounts for the repeat business.
The owner anticipates a transition to the change in ownership where the owner is available, and including introductions to customers, training and support, and general assistance in the early stage to ensure success.
Sale price: $325,000. Sale includes goodwill, the name, website, inventory, customer lists, a covenant not to compete and training/consulting.
Interested parties shall be required to execute a Non Disclosure Agreement and show evidence of the ability financially to complete a transaction and the required experience and education.
This listing is an established Nursery, Garden Center, Tree Service, Landscaping and Snow Plow business. The company has been in business for over 25 years and has an established client base in the Fargo/Moorhead area. The equipment has been meticulously maintained and there are enough trucks and equipment to handle plenty of growth. The snow plow division has 30 contracts, mainly commercial lots. This can be grown with existing trucks and equipment, the company possesses 2 snow plows and a large snow blade. The tree service division is busy and can easily be grown as well. The nursery is busy and has many repeat customers, as well as a highly visible lot on a busy, commercial road.
FACILITIES: The Company operates out of two locations, the tree farm which sits on 6.4 tillable acres and is also highly visible. The nursery is on 130,680 square feet (appx 3 acres) with multiple access points in a quickly growing commercially developing area. The lot could be spilt up and developed separate from the nursery and the owner has already paid for architecturally rendered plans.
EMPLOYEES: There are 2 full time employees and 2 part time employees. The employees are willing to stay on. The owner also actively works the business.
REVENUE: 2014: $324,105 2013: $259,921
EARNINGS: 2014: $183,963 2013: $132,816
ASKING PRICE: Asking price is $450,000 for the business which includes all vehicles and equipment valued at over $218,000. The nursery lot and tree farm are listed at $1,150,000
REASON FOR SALE: Retirement