Art Gallery, Gift and Framing Shop

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TYPE OF BUSINESS:  Beautiful Art Gallery, Gift and Framing shop, established over 21 years ago located in a very popular area. They sell prints, canvas prints, posters, originals, framed art, unique furniture pieces, gifts, candles, cards etc. The business enjoys a great reputation and provides it’s customers with a quality product that is competitively priced. They have a great customer base and on-line presents. The hours are Monday through Saturday 9 – 4, business is located 2 ½ hours north of the metro.

FACILITY:  The business occupies a building approximately 2,688 sq. ft. space that is part of a quaint shopping area. This beautiful building was built in 2005, wood frame with stucco and brick exterior. The building and property are available for purchase for $270,000.

SALES/CASH FLOW:  Gross sales for year ending 2020 were $195,781, 2019 were $191,731, 2018 were $201,728. Cash flow in 2019 was approx. $51,000 to an owner operator. Note :2020 cash flow is approx. the same as 2019.

ASKING PRICE:  The owner is asking $98,000 for the business (this includes furniture, fixtures, and equipment), $70,000 in inventory (wholesale value) and $270,000 for the building and property.

REASON FOR SELLING: Retirement.

Established Residential HVAC Business

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TYPE OF BUSINESS: Profitable residential HVAC company serving the metro area for over 27 years. This company sells, installs and services heating and air conditioning units, gas piping, humidifiers, heat recovery ventilators, ventilation, compressed air, exhaust systems etc. They are a certified Rheem dealer however, they sell and service all brands. This company also services commercial business; however, the owner is willing to sell the residential portion independent of the commercial business. The current owner established the company in 1994. The owner works the business full time and is responsible for selling/quoting, scheduling, and ordering parts.  This company is located in highly desirable area in the northwest suburb of Minneapolis. The company has a well-known highly regarded business name with good growth potential.

Contact me for more information on this.

EMPLOYEES: Husband and wife team. Husband handles all services and wife is the office manager. He works about 50 hours per week, and she is about 25 hours per week.

FACILITY:  The company is operated from their home. Hours of business is.

7:00 a.m. – 5:00 pm Mon-Fri.

GROSS SALES/CASH FLOW:  Gross sales for “residential” portion of business in 2020 were $178,509; 2019 were $84,373 and 2018 were $177,986.

ASKING PRICE:  The asking price is $68,000 which includes name of business, company phone number, website, and all residential records.

REASON FOR SALE:  Looking to semi- retire.

Profitable HVAC Business for sale!

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TYPE OF BUSINESS:  Profitable 27year HVAC company in growing metro area serving both residential and commercial clients. This company sells, installs and services heating and air conditioning units, gas piping, humidifiers, heat recovery ventilators, ventilation, compressed air, exhaust systems etc. They are a certified Rheem dealer however, they sell and service all brands. In 2020 approximately 38% of their work is residential and existing homes and the other 62% is commercial service accounts.  The current owner established the company in 1994. The owner works the business full time and is responsible for selling/quoting, scheduling, and ordering parts.  This company is located in highly desirable area in the northwest suburb of Minneapolis.  The company has a well-known highly regarded business name with good growth potential. Owner is willing to sell just the residential portion of the business. Contact me for more information on this.

EMPLOYEES: Husband and wife team. Husband handles all services and wife is the office manager. He works about 50 hours per week, and she is about 25 hours per week. They have enough business to support an additional installer.

FACILITY:  The company is operated from their home. Hours of business is

7:00 a.m. – 5:00 pm Mon-Fri.

GROSS SALES/CASH FLOW:  Gross sales for 2020 were $473,442; 2019 were $467,351 and 2018 were $414,068; Cash flow to an owner operator in 2020, 2019 and 2018 was over $112,000 each year.

ASKING PRICE:  The asking price is $272,000 which includes equipment, vehicle, and trailer valued at about $44,000.

REASON FOR SALE:  Retirement.

Very Profitable Embroidery, Promotional Products, Digital Marketing etc.

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TYPE OF BUSINESS:  Very Profitable Embroidery, Apparel, customized Promotional Products, Digital Marketing and Print Service business located in a very “desirable” area. The business offers the customer a “one-stop-shop” concept where they can choose their product and try on various items. They have an impressive customer list where many of them are   repeat customers.  Their customers include corporate accounts, school organizations, medical professionals and government agencies. Corporate and business clients account for approximately 85% of total sales.

Hours are Monday – Friday 9:00 a.m. to 6:00 p.m. Closed Sat and Sun.

FACILITY: This business operates out of a 3,000 sq. ft. retail space that includes a beautiful showroom and production area. The lease is $5,118 per month which includes all utilities and prop. taxes. Lease expires March 2022 with an option to renew.

EMPLOYEES: Owner works the business full-time with 3 other full-time employees.

GROSS SALES: 2019 sales were $1,352,374, with a cash flow of approx. $224,000. 2018 sales were $1,059,865. Sales through June 2020 are approx. $695,789. Sales through June 2019 were $597,633. 2020 is up $98,000 over 2019 through June.

SALES PRICE: The seller is asking $595,000 for the business which includes furniture, fixtures and equipment with an estimated value of $100,000 and Inventory estimated at $1,000. The Buyer is expected to pay the $29,500 transfer fee that covers training from corporate, etc.

REASON FOR SALE: Other business opportunity.

Subway: Cash Flow over $47,000

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Subway specializes in sandwiches “built” to each customer’s request. They are known for fresh baked breads, wide variety of meats, cheeses and vegetables. The menu includes breakfast, sandwiches, fresh fit choices, salads, fresh fit for kids, sides, drinks and extras. Subway also offers catering with piled-high sandwich platters, giant subs and assorted desserts.

Today, the SUBWAY brand is the world’s largest submarine sandwich chain with more than 44,000 locations around the world.

This location is located inside of a Walmart, with all the equipment and inventory needed in place to ensure a smooth transition.

 Owner purchased this location  10 months ago. Owner needs to spend more time at home with new baby.

FACILITY: Walmart, 900sq. ft. Monthly rent is approx. $1,600, this includes CAM and property tax.

EMPLOYEES: 1 Full-time manager and 5 Part-time.

GROSS SALES: 2019 Sales were approx. $319,531; 2018 Sales were approx. $274,000. Cash Flow in 2019 to the owner operator was approx. $47,537.

ASKING PRICE: The owner is asking $70,000 for this location. An “average” start-up cost for a Subway restaurant like this is $250,000. This includes approx. $25,000 in equipment and approx. $4,000 in inventory. The Buyer is responsible for an approx. $5,000 Franchisor’s Transfer Fee and 2 weeks of Franchise School in Connecticut.

Franchisees pay 8% in royalties and 4.5% in franchise marketing fees (subject to change). Buyer must be approved as a franchisee by corporate and training will be mandatory.

REASON FOR SALE: Family.

SOLD! Electronic Assembly Services

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BUSINESS:                           Electronic Assembly Services located in the suburbs of the Twin Cities. This company was established by the current owner in 1992. The company provides many services, which include, printed circuit board assemblies, thru-hole assemblies, surface mount assemblies, box build assembles (build the circuit board). They also do turn- key, which is when they buy all the materials and assemble. They offer  kitted, in which case the customer supplies materials. The company enjoys a good reputation, solid clients, and the electronics industry it serves is booming including environmental, lighting and medical. Daily responsibilities of the owner include sales, purchasing, accounting and involvement with  engineering decisions from time to time. This company is perfect for anyone looking to own a small business with endless potential.

FACILITIES:                          4,200 sq. ft. leased space.  Rent is $2,690.00 plus utilities. The seller feels that this facility could double in sales without increasing the sq. ft. or equipment. Lease expires April 1, 2021 with an option to extend.

EMPLOYEES:                      The business has a staff of a 1 long term full-time employee with owner working part-time.

REVENUE:                           Revenue in 2019 was $130,355, 2018 was $199,329 and 2017 was $155,167.

ASKING PRICE:                  The asking price for the business is $69,000. Included in the price but not limited to are the furniture, fixtures and equipment (value of approximately $75,000). Long term Client List, Website, Goodwill and Business Name.                           Inventory which is valued at $3,000 (at cost) is not included.

REASON FOR SALE:          Retirement. Seller is in his 70’s and is tired. He will provide the necessary training to insure a smooth transition.

Sold! Established Off Sale Liquor Store, located 2 hours northwest of Minneapolis.

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Type of Business: Established Off Sale Liquor Store, located 2 hours northwest of Minneapolis. The store is very attractive and nicely appointed located on a high traffic Hwy. There is no threat of a national liquor-chain moving in the area due to the two closest cites own “municipal” stores. The business was established 10 years ago by the current owner, who works the business. Limited competition.

Facility: The liquor store occupies approximately 8,000 square feet out of a 12,000 sq. ft. building. The building is for sale as well. Asking price for building and 5 acres of land is $550,000. There is a tenant that leases 4,000 sq. ft. in place. The lease payment is $2,500 plus property tax and utilities.

Employees: There is 1 full time employee with the owner.

Gross Sales: Sales in 2018 was $1,190,083, sales in 2017 were
$1,228,619. Sales in 2019 through May are $390,692 Cash Flow for 2018 was approx. $139,700 plus additional income from leased space of $35,700 to an owner operator, if the building is owned.

Asking Price: Business: $370,000, this includes $47,000 in F,F&E. $200,000 in inventory is not included.
Building and Property: $550,000.

Reason For Sale: Other interests.

 

SOLD! Rental Business – Family Owned & Operated.

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TYPE OF BUISNESS: Rental Business – Family Owned & Operated.
Serving the home, party and construction rental industry for over three decades. Current owner has owned this business for the past 8 years. Their inventory consists of a massive variety of tables, chairs, tents, generators, carpet and floor care, lawn and garden equipment, trucks and trailers just to name a few.
The company has a large market share with a long-established reputation that results in many repeat customers year after year.

FACILITY: The business operates from a 9,900 square foot facility, with a large shop for repairs and maintenance, office, warehouse and retail area. The rent is $4,200 during the summer season and $3,000 during the winter season. This business is located 40 minutes of the Twin Cities.

EMPLOYEES: This is an owner operator business with 7 full- time employees with extensive experience and 10-15 pull-time employees during the summer months. The owner oversees the business and works with sales and estimating.

GROSS SALES: 2018-$1,352,231; 2017-$1,333,619; 2016-$1,222,349 Cash flow for 2018 was approx. $410,000.

SALES PRICE: The seller is asking $2,350,000 for the business which includes $1,200,000 (fair market value) in equipment. The sales price does not include inventory of $45,000

REASON FOR SALE: Other interests.

 

SOLD! Featured Listing: Beautiful Floral and Gift Shop located in Mankato.

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Beautiful Floral and Gift Shop, established over 100 years ago. Current owner has owned the business for over 44 years. They sell fresh flowers, custom floral arrangements, plants, gift items, unique furniture pieces, cards, balloons etc. The business enjoys a great reputation and it provides its customers with a quality product that is competitively priced. They have a great on-line present and serve a tremendous number of weddings, funerals, special events, corporate events and walk-ins. The hours are Monday through Friday 8 – 6, Saturday 8 – 5:30. Sunday 10 – 3. Business is located in Mankato..

FACILITY: The business occupies 8,200 sq. ft. space. The building is for sale and the floral business will have to be moved (once the building has sold). The building and property are available for purchase for $1,295,000.

EMPLOYEES: The business operates with owner working 40 hours a week, 4 full-time and 8 part-time employees. Very friendly and experienced staff in place. Owner’s duties are staffing, ordering, floral design, sales and marketing.

SALES/CASH FLOW: Gross sales for year ending 2018 were $820,500, 2017 were $833,500, 2016 were $825,900. Cash flow in 2018 was approx. $124,600 to an owner operator.

 

ASKING PRICE: The owner is asking $140,000 for the business. The price includes furniture, fixtures, equipment and 2 delivery vans which are valued at approx. $75,000. The inventory is approx. $25,000 and is not included in the asking price.

 

Franchise: Speedway Gas Station

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TYPE OF BUSINESS: Seller very motivated due to health. Speedway Gas station franchise – located in a southern TC suburb. Established for 26+ years with the current owner owning it since 2013. This is a very nice gas/convenience store, located in a fast-growing community with a strong customer base. Business sells gas, grocery items, beverages, snacks, cigarettes, and other tobacco products, lottery and has an ATM. The business installed a new carwash just over a year ago and the sales and profits have more than doubled. The hours of operation are Monday through Friday 5:30 am to 11:00 pm, Saturday and Sunday 6:00 am to 11:00 pm. Owner works 20 – 25 hours per week.

EMPLOYEES: There are 4 full time and 4-part time. The owner is the part-time manager who runs the operation, along with the full-time clerks. The part time employees are paid $10.00 – $ 12.00 per hour.

FACILITY: Store is 4042 sq. ft. located on a 1.24-acre lot.

GROSS SALES/CASH FLOW: Gross sales for 2018 were $3,663,448, for 2017 were $3,417,213, for 2016 sales were $3,432,275. Cash flow to the owner operator, based on 2018 numbers was approx. $206,505, 2017 numbers was approx..$188,500. The sales will fluctuate year to year due to gas prices.

ASKING PRICE: The asking price for the business, franchise rights, land and building is $1,100,000. A 2013 appraisal valued the land and building at $1,100,000. The value of the furniture, fixtures and equipment is approximately $150,000 (included in asking price), and the value of the inventory (gas and other inventory) is approx. $70,000 (not included in asking price). The new Car Wash Lease is not included. The monthly payment is $2,300.00 per month with 4 years left on lease to own. Purchaser will need to be approved by Speedway (franchisor).

REASON FOR SALE: Health.