SOLD! Consignment store-very classy and in a great location

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Consignment store-very classy and in a great location.

Established 21 years and located in a great Twin Cities neighborhood. The owner has decided to retire.

Gross sales about $238,000 in 2015 and the store is very profitable. The owner’s role includes scheduling and daily books. She works about 20 hours per week. Cash Flow to the owner in 2015 was about $80,000.

There are six part time employees. The store is open 7 days per week…

The business leases its 3800 square feet; the lease is a month to month lease at the present time. The landlord is willing to work with the new owner. The store is very attractive and there is ample parking.

The store is well known in the Twin Cities-customers come from both cities and the suburbs. High end-name brand apparel from approximately 3,500 consignors (throughout the year).

The store is for sale for $195,000. The sale includes about $20,000 in store furniture, fixtures and equipment. The owner purchases accessories at a value approximately $3,000 (at cost). This is not included in purchase price.

 

SOLD! Exterior Maintenance and Remodeling Company.

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TYPE OF BUSINESS: Minneapolis based, Home Exterior Maintenance and Remodeling Company. This is a Full Service General Contracting business that focuses on Roofing, Siding, Soffit/Fascia, Gutters, Windows/Doors, Remodeling and Storm Damage. All craftsmen meet a high standard of performing quality work.

The Sellers have managed the company well and established a great reputation in their service area. This business has an A+ rating from Better Business Bureau and achieved and maintained a Superior Service Rating on Angie’s List.

There are two owners who run a very profitable, well systematized, turnkey business with very little fixed overhead expenses. One owner oversees the “outside” work in the field including managing the sales/project managers, crews (independent contractors), quality control and troubleshooting. The other owner oversees the “inside” work including office admin., proposal/contract approvals, sales meetings etc. Both work between 30 to 60 hours per week depending on the work load.

Hours of operation are 8:00a.m. – 5:00p.m. Monday – Friday.

 

FACILITY:  This business operates in a leased space of 2,592 sq. ft. The business is not location dependent and can be relocated.

EMPLOYEES:  This business has 2 owners with 2 full-time employees.

GROSS SALES/CASH FLOW:  The gross sales for 2013 were $1,774,240; 2012 were $1,764,972 and 2011 were $1,788,915. Cash flow to an owner/operator based on 2013 sales was approximately $319,267.  One owner can replace the two Sellers.

 

ASKING PRICE: The asking price for the business is $895,000. This includes inventory valued at $5,000 and equipment, furniture and fixtures with an estimated value of $60,000. Financing for the business is available to a qualified buyer. Sellers are very motivated. Sellers willing to look at all reasonable offers.

REASON FOR SALE:  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.   7840 bk

SOLD!! Featured: Well-known Ice Cream Parlor located in a high traffic shopping center for over 36 years.

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TYPE OF BUSINESS:  Well-known Ice Cream Parlor located in a high traffic shopping center for over 36 years. Serving Ice Cream, Ice Cream Drinks and Sodas. This is an easy-to-operate, lucrative operation.

Hours: Monday – Saturday 10:00a.m. to 9:00p.m., Sunday 11:00a.m. to 6:00p.m. The potential to grow this business is tremendous. A new owner could offer other food-related items with very little expense.

 

FACILITY: This business currently operates out of a 573 square feet with seating available in the common area and is maintained by the mall. This is a highly sought after location with huge walking traffic right in front of the business. The feel of the parlor’s decor is very warm due to the lighting and new signage. There is 1 year left on lease with an option to extend. The owner indicates that extending or obtaining a new lease will not be a problem.

 

EMPLOYEES:  Owner works part-time only with 3 part-time employees.

 

EQUIPMENT: Included in price:  Furniture, Fixtures and Equipment valued at approximately $18,000.  Inventory approximately $2,000.

 

GROSS SALES: Gross sales for 2013 were $162,000. Gross sales for 2012 were $164,000. 2013 Cash Flow was approximately $43,000 ++

 

 

ASKING PRICE: The owner is asking $69,000, OBO. This is a turnkey operation and a perfect opportunity for someone who wants to start their own business. Seller is very motivated will review all reasonable offers.

 

REASON FOR SALE:  Relocating.

Featured: SOLD! Very Profitable Embroidery, Apparel and customized Promotional Products.

187[2]TYPE OF BUSINESS:  Very Profitable Embroidery, Apparel and customized Promotional Products 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 with many of them as repeat customers.  Their customers include sport teams, 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 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 $4,900 per month which includes all utilities. A new lease can be negotiated March 2014.

EMPLOYEES: Owner works the business full-time with 4 other full-time and 2 part-time employees.

GROSS SALES: 2013 sales are tracking to be approx. $1,050,000, with a cash flow of approx. $175,000. 2012 sales were $971,028 and the cash flow was approx. $134,000. 2011 sales were $881,653 and the cash flow was approx. $133,000

SALES PRICE: The seller is asking $595,000 for the business which includes furniture, fixtures and equipment valued at about $150,000 and Inventory about $1,000.

REASON FOR SALE: Moving.

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. 7778  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.

Featured Listing:Great Cash Flow! Discount Retail Store, SOLD!

This retail store opened 12 years ago located 2 hours Northwest of Minneapolis. The owner has operated this successful business for the past 8 years. When the store first opened they marketed the $1.00 item concept, which they still do, but added items with a higher price tag ($1.00-$5.00). A few of the items sold at the store are: scrap-booking, party items, greeting cards, paper products, cleaning products, health & beauty, tools, toys, crafts and snack items. The owner attracts customers from a 60 mile radius of the location and from neighboring states for the scrap-booking.

FACILITY: The business operates from a 9,000 square foot facility; 6,000 for retail and 3,000 for warehouse. Lease payments are $7,815 including CAM charges.

EMPLOYEES: The owner operates the business with 6-8 part time employees.  The employees are paid between $8.00 and $11.00 per hour.  Owner works an average of 20 hours per week depending on the time of year.

GROSS SALES: 2009-$1,060,000; 2010-$1,020,000; 2011-$1,007,000 and for the period January thru July 2012 – $526,860. The cash flow for 2011 was about $131,400 and for January thru Sept. 2012 was about $136,000.

SALE PRICE: The owner is asking $299,000 for the business and  includes $100,000 in inventory.

REASON FOR SALE: Health

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. (d.b.a. Opportunities In Business) nor its agents guarantee its accuracy or comprehensiveness.  b.k.