SOLD! Furniture Store – Unique, Higher End Concept.

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TYPE OF BUSINESS: Outstanding opportunity to acquire an established, well-known, and profitable retail furniture store. With a focus on unique and higher end items, this business has become a favorite destination for interior designers and consumers in the Twin Cities area. The attractive, highly visible facility showcases the extensive inventory of distinctive furnishings which are available for immediate purchase – a feature that has proven very effective in this market segment. In addition to ‘cash-n-carry’, clients may also custom order items. The business carries a solid reputation and has established relationships with key suppliers. Hours of operation are; Monday – Saturday 10:00 AM to 6:00 PM.

FACILITY: 6,000 Sq.Ft. leased space. Highly visible and easily accessed off of a major highway. Lease expires April 2015 and there is an option to renew.

EMPLOYEES: Business operates with 1 full-time and 2 part-time employees, plus the owner.

GROSS SALES/CASH FLOW:
Gross sales for 2013 were $1,061,482 with discretionary cash flow of approximately $185,500. Gross sales for 2012 were $1,129,000 with discretionary cash flow of approximately $120,000. Gross sales for 2011 were $881,401 with discretionary cash flow of approximately $118,000.

ASKING PRICE: The asking price for the business is $445,000. This includes the current inventory valued at approximately $425,000 at cost. Also included in the sale are the furniture, fixtures, equipment, website, phone number, and client and vendor list. The value of these assets is approximately $41,000. Bank financing is available to qualified buyers!

REASON FOR SALE: Owner is retiring.

 

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. 7758 b.k.

 

Featured Listing: Clothing Boutique; Main Street Stillwater.

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TYPE OF BUSINESS: Clothing Boutique; Main Street Stillwater.  Located in historical Stillwater that is surrounded by popular restaurants and retail businesses. The business was established 3 years ago. This business offers a unique shopping experience and is often praised for the array of merchandise offered to its customers. This highly profitable store specializes in the sale of men’s and women’s apparel, jewelry, shoes, accessories and more. This is a very easy business to operate and would be perfect for the first time buyer. Hours of operation are; Monday – Sunday 9:00 to 10:00 in summer and 10:00 to 5:00 in winter.  The owner does not work the business – however, his responsibilities include: Bookkeeping and Staffing.

 

FACILITY:  This business is located on the main street in an ideal location.  The business operates in about 2,000 square feet. Monthly rent is $3,750.  The lease expires in 2016, and there is an option.

 

EMPLOYEES:   Semi-Absent owner. Business operates with 2 full-time and 10 part-time employees.  Their hourly wages are between $8.00 and $10.00 per hour.

 

GROSS SALES/CASH FLOW:  The gross sales for 2013 were approximately $318,000, cash flow was approximately $81,600 for a semi-absent owner based on 2013 sales.

 

ASKING PRICE: The asking price for the business is $225,000 plus inventory. This includes the furniture, fixtures, equipment, website, phone number, client and vendor list and brand names.  The value of these assets is approximately $25,000. Inventory is approximately $50,000 at cost.

 

REASON FOR SALE:  Owner is re-locating.

Super America Gas / Convenience Station, SOLD!

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TYPE OF BUSINESS:  This is a Super America Gas station – located in a southern TC suburb.  Established for 23+ years with the current owner’s family owning it since July, 2008. 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 has a carwash.  The hours of operation are Monday through Thursday 5:30 am to 11:00 pm, Friday and Saturday 5:30 am to 12:00 am and Sunday 5:30 am to 11:00 pm.  The business is owner absentee.

EMPLOYEES:  There are 4 full time and 4 part time. There is a full time manager who runs the operation, along with the full time clerks and is paid $36,000 a year.  The part time employees are paid $8.00 – $ 10.00 per hour.

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

GROSS SALES/CASH FLOW:  Gross sales for 2011 were $3,676,291, for 2010 sales were $2,994,633 and for 2009 sales were $2,304,064.  In 2011, they sold 750,000 to 800,000 gallons of gas.  Cash flow to the owner (absentee), based on 2011 numbers was approximately $210,000.

ASKING PRICE:  The asking price for the business, land and building is $1,325, 000.  The market value of the land and building on the property tax statement is $642,000.  A recent appraisal valued the land and building at $990,000.  The value of the furniture, fixtures and equipment is approximately $150,000, and the value of the inventory is $100,000, which includes gas of $30,000.

REASON FOR SALE:  The owners own several other businesses and don’t have the time that is necessary to effectively operate this business, as it continues to grow.

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. b.k.

Featured Listing: SOLD! Manufacturing-patented product-Marine industry.

speedboat-fun-group[1]Manufacturing-patented product-Marine industry. Established in 2004, sales nationwide and internationally. Sells through rep, dealers, internet, and through shows.

Products are common in marine industry-used on boats and docks. Product is superior in design and utility.

Products manufactured and shipped on site, only outsourcing is for plating. Company completely equipped-list available. Currently occupies about 2000 sq. ft. in an office/warehouse facility. Business can be moved with no adverse effect.

Sales in 2012 over $200,000 and the business is profitable. Needs sales and marketing to grow.

Asking price: $150,000. Sale includes about $75,000 in equipment and about $15,000 in inventory. Seller will finance $60,000.

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.  7737

Great Featured Listing: Full Service Lawn, Tree, Dock and Snow Removal

images-14TYPE OF BUSINESS: This Well Established Full Service Lawn Care Company has been in business for over 14 years. They provide a wide range of services; Mowing/Trimming, Fertilizing/Spraying, Dethatching, Aerating, Seeding/Sodding, Spring/Fall Clean Up, Landscaping, Snow Removal, Full Tree Service, Stump Grinding, and Dock & Lift Service. This company is 2.5 hours from the Minneapolis area and operates within a 50 mile radius of his location. The company is operated top notch, from giving their clients the best service and maintaining their equipment to the highest standards.

Owner is willing to separate the different entities of the business: Lawn Maintenance, Tree Service, Dock and Lift, Landscaping, and Snow Plowing.

EMPLOYEES: The business operates with 1 year-round employee, 9 seasonal employees, 2 part time employees and the 2 owners. One owner handles the estimating and sales while the other owner oversees the production side of the business.

FACILITY: The business operates from the seller’s personal property. Seller will lease his facility for a period of time until a new owner finds a facility.

GROSS SALES: 2012 – $512,460,   2011-$597,220, 2010-$447,145 Cash flow for an owner/operator for 2012 was approx. $110,000 ++. Sales were down in 2012 due to the drought and lack of snow. Average Income for the past three years was approximately $135,000.

SALE PRICE: The owners are asking $484,000 for the business which includes $330,600 in equipment. The owners are offering to stay with the company for a period of 30 days for a smooth transition.

REASON FOR SALE: Owner retiring/other interests.

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.  7658 b.k.

Featured Listing: Plastic Molding, Cash Flow $230,000! (Semi Owner Absent).

ICOMRF-00007931-001TYPE OF BUSINESS: Plastic Molding Manufacturer. This high demand manufacturer specializes and produces dozens of high quality Rotation Molding products for following markets: Automotive Aftermarket, Hunting, Fishing, Safety Services and Waste products to name a few. In addition to plastic part production, this business also operates an established tool (molds) building and full shipping facility as well. The employees are true trade professionals, able to provide detailed hands-on work and successful job management for smooth production. Owner is willing to work with a new owner after the business is sold to insure a smooth transition. Hours of operation are 6:00a.m. – 4:00p.m. Monday – Thursday. Owner wouldn’t need to be at the business every day. Multiple employees are capable of overseeing the operation.

 

 

FACILITY:  This business operates in a one story pole frame 16,400 sq. ft. structure. This structure consists of steel frame doors and windows, steel overhead doors, colored steel siding and gable steel roof. The office, lunchroom and restroom are finished beautifully with tile floors, sheetrock walls and ceilings.

EMPLOYEES:  This business has 10 full-time employees.

Most employees have been with the company for several years.

GROSS SALES/CASH FLOW:  The gross sales for 2012 were $1,170,000 cash flow was approx… $230,000. 2011 were $936,012; 2010 were $861,847.

 

ASKING PRICE: The asking price for the business, building and property is $1,300,000. This includes inventory valued at $40,000 and equipment, furniture and fixtures with an estimated value of $200,000. Bank financing for the business and building is available to a qualified buyer.

REASON FOR SALE:  Retirement

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.       bk

Featured Listing: Popular Cafe located in the Metro Area. SOLD!

Very Popular Cafe located in the Metro Area, serving breakfast and lunch six days a week and is known for their homemade pastries and breads. This business was established over 10 years ago and has developed a loyal customer base. The potential to grow this business is tremendous. A new owner could open on Sundays, extend business hours to accommodate for dinner, add beer and wine, cater private parties after hours in dining room and on patio and off premises catering.

FACILITY: This business currently operates out of a 1,500 square feet and is able to seat approximately 35 customers with a beautiful outdoor patio. The feel of the cafe’s decor is very warm. Monthly rent is $934.00. The lease is a month to month agreement with an option to extend. The owner indicates that extending or obtaining a new lease should not be a problem.

EMPLOYEES:  Owner Operator with 4 full-time and 6 part-time employees.

EQUIPMENT: Included in price:  Furniture, Fixtures and Equipment valued at approximately $50,000.  Inventory approximately $3,500.

 

GROSS SALES: Gross sales for 2010 were $372,000. Gross sales for 2011 were $409,000. Cash Flow was approximately $100,000. 2012 sales are tracking 10% over 2011.

 

ASKING PRICE: The owner is asking $310,000. This is a turn key operation and a perfect opportunity for someone who what’s to own their own business.

REASON FOR SALE:  Other Interests.

Important Notice: The above information has been provided by the Seller.  Neither

The 20/20 Group, Inc. (d.b.a. Opportunities in Business) nor its agents guarantee its accuracy or comprehensiveness. 7712  b.k.

Restaurants with Property in downtown Minneapolis –on the skyway system.

Established –popular-and profitable downtown restaurants in downtown Minneapolis –on the skyway system.

Opened in 1984-by the current owners-in the northeast downtown area on the skyway level; the property is owned by the business owners (condo) and is included in the sale. The businesses are in an area with other (non competing) food establishments.

Customers include downtown office employees as well as folks who live in the downtown area, in adjoining and adjacent buildings.

There are two properties –and two establishments included; one occupying 810 square feet and the second (adjacent) property is 976 square feet. They offer separate menus –one Italian including various pastas and salads and the second a variety of signature sandwiches and salads.

Both establishments are open for lunch only-a choice the owner made-which requires about four hours per day on the part of the owner. However, there are growth/expansion opportunities that are significant: more hours (breakfast, dinner); outreach to offices for delivery and their catering needs; marketing to nearby residential customers in condos, lofts and apartments. The businesses are staffed by the owner and part time employees.

A dramatic increase in sales is expected in the next 12-18 months as an adjacent office tower adds 1500 to 1800 new tenants.

Sales have been solid and consistent-in the $270,000 range annually with pretax cash flow in excess of 30% of sales including debt/ mortgage payments for the properties.

Asking price: $382,000 for both properties and the business including fixed assets.

Featured Listing: New Asking Price! Firewood Distribution Business

This Firewood distribution business has been serving their customers since 1995. The business has grown over the years from local deliveries to out-of-state deliveries and internet customers. This owner puts out a high quality product. The owner sells naturally seasoned and certified kiln dried-heated treated firewood to their restaurants, home owners, and retail customers to ensure top quality products. The business is very steady through out the year.

FACILITY: The business will need to be moved since the operation of this business is on the current owner’s property. The owner will sell some land if a new owner would want to locate in the same area. A new owner would need 15 acres plus a building 40’x 80’or larger.

EMPLOYEES: The owner operates the business with 6 full time and 1 part time employees plus a family member. The owner works side by side with the employees. Seller recommends another driver to keep up with the increase in business every year.

GROSS SALES: 2010-$866,400; 2011-$906,000. The Cash Flow is $153,800 for 2011.

SALES PRICE: The owner is asking $400,000 for the business which includes approximately $ 300,000 in equipment (Firewood Kiln, Trucks, Firewood Processor, etc.). Inventory is not included in the sale price. Inventory will range from $300,000- $700,000 depending on the time of year. Seller willing to sell inventory on consignment.

REASON FOR SALE: Owner has other business to operate.

FOR MORE INFORMATION CONTACT: BILL KRAEMER,

bill.kraemer@oibmn.com, 612-331-8392.

IMPORTANT NOTICE: The above information has been provided by the Seller. Neither The 20/20 Group Inc. (dba Opportunities In Business) nor it’s agents has verified accuracy or comprehensiveness.  b.k.

Full Service Lawn Maintenance Company

This is a full service lawn maintenance company. The owner of this business provides: Mowing/trimming, fertilizing/spraying, dethatching, aerating, seeding/sodding, spring/fall clean up, landscaping, snow removal, full tree service, stump grinding, and dock & lift service. This company is 2.5 hours from the Minneapolis area and operates within a 50 mile radius of his location. The company is operated top notch, from giving their clients the best service and maintaining their equipment to the highest standards.

Owner is willing to separate the different entities of the business: Lawn maintenance, Tree service, Dock and Lift, Landscaping, and Snow Plowing.

EMPLOYEES: The business operates with 1 year-round employee, 9 seasonal employees, 2 part time employees and the 2 owners. One owner handles the estimating and sales while the other owner oversees the production side of the business.

FACILITY: The business operates from the seller’s personal property. Seller will lease his facility for a period of time until a new owner finds a facility.

GROSS SALES: 2009-$495,000; 2010-$447,145; 2011-$597,220.  Cash flow for an owner/operator for 2011 is $136,600 plus a one-time expense of $34,400.

SALE PRICE: The owners are asking $695,000 for the business which includes $330,600 in equipment. The owners are offering to stay with the company for a period of 30 days for a smooth transition.

REASON FOR SALE: Owner retiring.

FOR MORE INFORMATION CONTACT: BILL KRAEMER,

bill.kraemer@oibmn.com, 612-331-8392.

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.  b.k.