SOLD! 10,000 sq. ft. Building: Potential Self-Storage, Food MFG, Event Space or Restaurant
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Heating & Air: cash flows over $100,000!
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TYPE OF BUSINESS: 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. The majority of their work is residential, existing homes. They have some commercial service accounts. Its current owner established the company 26 years ago. The bulk of their work is in the metro area. This is a non-union shop. The owner works the business full time and is responsible for selling/quoting, scheduling, and ordering parts. The owner carries all necessary licenses that are required to do business in the twin cities metro area including Minneapolis and St. Paul. This company is located in a northwest suburb of Minneapolis. The company has a good standing reputation
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 2019 were $467,351; 2018 were $414,068; Cash flow to an owner operator in 2019 was approx. $101,600, 2018 was approx. 108,700.
ASKING PRICE: The asking price is $299,500 which includes equipment, vehicle, and trailer valued at about $44,000.
REASON FOR SALE: The owner wants to retire from this business.
ADDITIONAL COMMENTS: The owner is “comfortable” and is very selective on the work they accept. The new owner should consider hiring a sales-person and an additional installer.
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.
Featured Listing: Investment Property located in Stillwater MN.
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Description: This charming 10,000 + sq. ft. building is located on the high demand south side of town, east side of main street, downtown Stillwater. With 5,200 sq. ft. ground floor and 3 retail spaces, second-floor area of +/- 4,900 sq. ft. The ground floor has a 12’ ceiling height with a tin ceiling, plaster walls and hardwood floor; the basement is 4,000 sq. ft. and is used for storage. The basement is dry, with no signs of water problems. Clear height is about 5’ 8”. The second floor has three unique apartments used as Air B&Bs. All three units are one-bedroom, living/dining room, Kitchen, full bath and laundry/storage. The roof has a deck at the back of the building with expansive views of the river and bluffs.
Exterior Features: The building is mill construction with brick walls and wood posts and beams. The brick walls are exposed in the apartment units and plastered/brick in the retail units, the roof is a rubber bladder that is flat with a pitch. The roof is 5 years old and appears to be in great condition.
Interior Features: This property has all three retail spaces leased with all three apartments being rented out a couple times a week as Air B&B. Building has a combination of wood, tile and carpeted. The walls are a combination of brick, drywall and plaster. Ceilings are painted drywall, tin and open. The building uses forced air for heat and cooling.
Age / Condition: Built in 1858. The interior and exterior are in good condition.
ASKING PRICE: The owner is asking $2,100,000 for the building. The three apartments generate approx. a gross income of $125,000 annually, and the three retail spaces generate approx. $58,800 annually.
REASON FOR SALE: Other Interest
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.
Authorized Service Center for electric tools and portable air.
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TYPE OF BUSINESS: Authorized Service Center for electric tools and portable air. This company is a third-generation family owned business and has been serving the metro area for over 40 years. The company offers repair / rebuild services for all types and models of power tools for over 20 different manufactures. Some of the assets include Skidmore-Wihelm torsion tester for impacts, hydraulic press, metal turning lathe, air compressor etc.
The market is short of existing service companies here in Minnesota that can satisfy the ever-increasing demand for services. There are plenty of opportunities to expand the services to selling new tools, bits, fasteners and repairing small gas motors for generators, lawn and garden equipment etc.
EMPLOYEES: Owner works 40 hours per week oversees sales and services tools with 2 full-time employees.
FACILITY: Building is 2,700 sq. ft. with a ceiling height of 13’4” and 220v power. Parking lot is 4,836 sq. ft. Building is available for sale as well.
GROSS SALES: 2017- $214,333, 2016-$259,919.
SALES PRICE: The seller is asking $70,000 for the business (client list, goodwill, trade name, and other intangible assets) which includes equipment approx. value $58,000 and Inventory is approx. $12,000. Asking price for the Building and Property $325,000.
REASON FOR SALE: Retirement.
SOLD! Unique all-natural beauty products manufactured and distributed from home
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TYPE OF BUSINESS: Unique all-natural beauty products manufactured and distributed from home, all handmade 100% natural & organic bath bombs, gourmet soaps, lotion and shampoo bars, shaving oil, fresh face spritz, exfoliating bars and roll-on perfume. The manufacturing process involves harvesting the absolute highest potency vegetables, plants, nuts, flowers, etc. as ingredients and turn them into gourmet, therapeutic products that will nourish your skin and relax your mind. This is the perfect addition to any income. They have a great on-line present and are in over 100 retail stores in over a dozen states. This business can operate anywhere in the United States.
Additional sales and marketing efforts will produce quick results for new owner.
FACILITY: This business is a home-based business.
EMPLOYEES: Owner
GROSS SALES: Gross Sales for 2018 were $52,000. Gross Sales for 2017 were $62,200. Gross Sales for 2016 were $49,800. Cash flow in 2018 was approx. $11,300.
ASKING PRICE: The owner is asking $39,000 for the business, this includes equipment, formulas, vendor information, client list, logo and all marketing sites. Inventory is approx. $4,000; this is not included in price.
REASON FOR SALE: Other opportunity.
Franchise: Venture X, simply provide the modern work space.
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We currently represent industry leaders in their respective industries. They are franchises with tremendous support and training for their franchisees with concepts that are proven in the marketplace and where franchisees are thriving.
This carefully chosen franchise opportunity is:
Venture X franchisees simply provide the modern work space and members buy private memberships, giving them access to open areas or private offices, whichever they prefer.
By 2020, The Bureau of Labor Statistics estimates 65 million Americans will be freelancers, temps, independent contractors or entrepreneurs, making up a full 40% of the workforce. Venture X provides an attractive opportunity for those workers who want to benefit from a rich work community.
Overview:
• Total Investment – $800,000 – $1,200,000 (includes Franchise Fee) w/Financing available.
• $400,000 minimum cash required.
• Franchise Fee – $79,500.
• 4 Weeks of training included in Franchise Fee. Airfare, Hotel are included.
• Royalty – 6% Gross Revenues.
To find out more-with no cost or obligation- call Bill Kraemer at 612-331-8392 or email bill.kraemer@oibmn.com. Listing ID# 1007 b.k.
Franchise Opportunity: Health and Wellness Services for Individuals and Organizations.
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We currently represent industry leaders in their respective industries. They are franchises with tremendous support and training for their franchisees with concepts that are proven in the marketplace and where franchisees are thriving.
This carefully chosen franchise opportunity is:
Revolutionary Health and Wellness Services for Individuals and Organizations.RX2Live provides services in three vertical markets that are in huge demand today.
• Medical Support Services:
o In-office Patient Screenings
o DNA Testing
o Nutritional Supplements
o Weight Loss System
o Chronic Care Management (CCM)
o Thermal Imaging
• Senior Wellness
o We promote an enhanced quality of life for seniors by improving cardio function, strength, flexibility, balance, endurance, intellectual stimulation, diet and education programs.
• Workplace Wellness
o This is one of the fastest growing and most popular segments in healthcare services today. A comprehensive analysis of 42 published studies of worksite health programs showed that companies including “self-insured employers” that implemented an effective wellness program realized significant cost reductions and financial gains.
OVERVIEW:
• Total Investment – $65,000 – $75,000 (includes Franchise Fee).
• $49,900 in liquid capital to begin.
• Royalty Fee – TBD
To find out more-with no cost or obligation – call Bill Kraemer at 612-331-8392 or email bill.kraemer@oibmn.com. Listing ID# 1010 b.k.
Franchise: SuperGreen Solutions, preserve the environment by providing sustainable solutions
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We currently represent industry leaders in their respective industries. They are franchises with tremendous support and training for their franchisees with concepts that are proven in the marketplace and where franchisees are thriving.
This carefully chosen franchise opportunity is:
SuperGreen Solutions, a thriving franchise model that takes advantage of large invoice customers, rebates and tax incentives to make a major financial impact while also working to preserve the environment by providing sustainable solutions to every day energy needs.
Quickly emerging as an energy efficiency franchise industry leader, SuperGreen Solutions has ranked among the Franchise Direct Top 100, #1 in category in Entrepreneur’s Franchise 500, and a “Best for Vets” franchise opportunity.
Overview:
• Total Investment – $65,000 (includes Franchise Fee)
• $65,000 minimum cash required.
• Franchise Fee – $45,000.
• 2 Weeks of training prior to opening.
• Royalty – 6% Gross Revenues.
To find out more-with no cost or obligation- call Bill Kraemer at 612-331-8392 or email bill.kraemer@oibmn.com. Listing ID# 1005 b.k.