Unique editor business opportunity is the best kept secret in the twin cities.

Featured

TYPE OF BUSINESS: This unique editor business opportunity is the best kept secret in the twin cities. As editor, you will be the marketing arm for the local businesses in your community, promoting them to a local audience in your town, aligning them with the other exceptional businesses within your city, and connecting them to the national company network. This role comes with a full support team that includes, franchise relations, design, production, experienced local photographer, marketing, and editorial services. The city guidebook has an established social media following with more than 500,000 followers nationally and between 50 – 80 local companies who are currently advertising in THE SCOUT GUIDE.

This opportunity is perfect for someone who eats local, explores local, loves finding the unique and hidden gems their city has to offer, and is a committed self-starter. This is a role for someone who is great at sales and also has an eye for style and design.

The editor role is a flexible, full-time job that ramps up or down depending on the phase of the book lifecycle. THE SCOUT GUIDE entails sales, photography, design, and production, launch and distribution, blogging and social media. 

If you are passionate about creative writing, working with people and being in control of your financial future, then owning a home-based editing business could be for you.

EMPLOYEES: Owner operator.

FACILITY: This business is a home-based business.

GROSS SALES: The latest book (with COVID) sales were approx. $164,900. Sales in 2019 was approx. $217,321 and the sales in the 2018 book was approx. $215,100. Note: Books can overlap years.

ASKING PRICE: $110,000 to include, exclusive territory, client files, vendor files, potential client files, all social media platforms (approx. 44,000 followers on Instagram, 1,900 followers on Facebook, over 500,000 followers on the national blog. Extensive training by seller and franchisor. Transfer fee of $5,000. The seller is willing to finance a portion of the sale to a qualified buyer.

REASON FOR SALE: Other Interests.

Gift, Art and Framing Shop

Image

TYPE OF BUSINESS:  Gift, Art 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 (Crow Wing County).

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:  2021 sales are $30,000 above 2020 sales ytd. 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 $150,000 for the business (this includes furniture, fixtures, equipment and $65,000 in inventory – wholesale value) and $270,000 for the building and property.

REASON FOR SELLING: Retirement.

SOLD! Electronic Assembly Services

Featured

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.

Featured

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.

Featured

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.

Featured

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

Featured

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.

Region’s leader in promotional products for over 60 years!

Featured

 

TYPE OF BUSINESS: This business has been the region’s leader in promotional products for over 60 years. The company offers awards, plaques, trophies, engraving, ribbons, clocks, signage, business gifts, name plates and other promotional products that are custom designed and produced in-house. They have an impressive customer list throughout the United States with many of them as repeat customers. Their customers include sport teams, corporate accounts, school organizations, medical professionals, government agencies to name a few.
Hours are Monday – Friday 8:30 a.m. to 5:30 p.m., Sat.10:00 a.m. to noon, closed on Sun.

FACILITY: This business operates out of an 8,000 sq. ft. space that includes a beautiful showroom, offices and production area. Business could operate out of a smaller space. Seller owns the building; the space can be leased, or building can be purchased.

EMPLOYEES: Owner works the business full-time with 3 other full-time and 1 part-time employees.

GROSS SALES: 2017 sales were $730,000, with a cash flow of approx. $144,800. 2016 sales were $673,300 and the cash flow was approx. $135,000.

SALES PRICE: The seller is asking $430,000 for the business which includes furniture, fixtures and equipment valued at about $35,000. Inventory is not included valued approx. $9,000.

REASON FOR SALE: Retirement.

 

Must sell! Restaurant with Building

Featured

Plate of Margherite Biscuit with Espresso

TYPE OF BUSINESS: Well-known Restaurant and Bakery established 31 years ago, located in the Twin Cities area. This business is known for its great service, extensive breakfast and lunch menu, and their homemade pastries and pies. The present owner has owned this business for past 13 years and has developed a loyal customer base.

FACILITY: This business operates in a 4,200 sq. ft. free standing building, built in 1977 located on a .79-acre lot with ample parking and easy access.

EMPLOYEES: Owner works full-time with well trained staff in place to cover her when absent. 5 full-time and up to 15 part-time employees.

GROSS SALES / Cash flow: The gross sales for 2017 were $1,082,171, cash flow in 2017 was approximately $125,400. 2016 sales were $1,147,362, cash flow in 2016 was approximately $137,300.

Additional Comments: You have a choice to keep it as a franchise or drop the franchise and add your own twist. FYI, seller paid $41,540 in franchise and marketing fees last year (this is not in the cash flow). There will be a transfer fee and training expenses as well if you choose to keep it as a franchise.
Owner will work with the new buyer to insure a smooth transition.

ASKING PRICE: The asking price for the business and building is $800,000. The breakdown is $20,000 for the business, this includes inventory of approximately $4,500 and furniture, fixtures and equipment at approximately $75,000. $780,000 for the building and property. .

The land and building are for sale, .79 acres with a 4,200 sq. ft. building. The asking price is $780,000.

REASON FOR SALE: Retirement.

SOLD! Popular Neighborhood Bar & Grill, established in 1977

Featured

TYPE OF BUSINESS: Popular Neighborhood Bar & Grill, established in 1977 with current owner since 1999. Located 2 hours northwest of the Twin Cities. Patrons enjoy an extensive and affordable menu featuring a full bar, assorted appetizers, salads, chicken, burgers, sandwiches and handmade pizzas. This bar doesn’t fall short when it comes to entertainment, giving everyone a reason to visit with occasional theme nights, dancing to DJ’s and live music.
The bar hours are 11:00 a.m. to 1:00 a.m. Monday -Saturday. The bar has Sunday liquor but owner chooses to not to open on Sundays.

FACILITY:
This business operates in a 1,600 sq. ft. building seating for 86 ppl. It has ample street parking with easy access. Building has an apartment upstairs where the manager stays free as part of her pay. The upstairs apartment is about 1000 square feet.

EMPLOYEES:
Owner works full-time with a well-trained manager to cover him when absent. There is one part-time employee as well.

GROSS SALES/ CASH FLOW:
The gross sales for 2017 were $392,600, cash flow including owner benefits in 2017 was approximately $67,800. 2016 sales were $389,300.

ASKING PRICE: The asking price for the business is $150,000, this includes furniture, fixtures and equipment at approximately $17,000. Does not include inventory of $6,000. The building is available for sale for $65,000.

REASON FOR SALE: Other opportunities.