Listing Number: 24876-990555
Description
Essential Business. Covid-19 and Recession Resistant.
Semi-Absentee Owned w/ Regional Mgt and Branch Mgt in Place. Owner /Operator Buyer Type may have more earnings upside than the reported earnings should the Buyer want to run these locations himself full-time.
Proven track record with consistent business year after year at all Three Locations.
Real Estate not included in the asking price but can be negotiated to purchase or lease real property.
If you opened up comparable locations from scratch, your minimum cost would be $800k per location, excluding real property and sweat equity.
Incredible amount of goodwill and loyal customers, some for over 40 years!
Contact us for NDA, highly confidential.
Listing Details
- Price: $2,850,000
- Down Payment: $2,850,000
- Sellers Discretionary Earnings: $720,613
- Total Sales: $5,407,682
- Location: Baldwin County, Alabama
- Inventory: $1,400,000
- FF&E: $400,000
- Employees:
- Year Established: 1924
- Reason for Selling: Retirement
- Category: Hardware Ret Related
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