Below are a few examples of Business Blind Profiles. Notice how they could be for any like business in that area.
Profitable Independent Auto Care Facility
Business Type: Auto Care Facility
Location: Southern Wayne County, Michigan
Sale Price: $230,000.
Terms: Buyer must secure all financing.
Summary: Established in 1991, this independent auto care facility has enjoyed the benefits of longevity and a repeat clientele. Included in the sale of this business are the name, phone number, equipment, inventory and goodwill. Well known as the place to go for honest, fast and friendly auto repairs, this business has maintained an average of $408,000 in gross sales for the last 3 years. This average in sales has generated a 3 year average cash flow of $115,000. This facility specializes in most auto repairs and maintenance services. Typical services they provide include engine diagnostics, brake and air conditioner service, engine cooling maintenance and computerized engine control systems servicing among others. The full-time mechanic staff of two employees and the current owner assures that quality and customer service levels are maintained. It is perfect for the working owner, who can bring their expertise in the auto service business and is ready to expand it to the next level.
Property and Location: For any business to be successful their location plays a key role. This facility is located on a very busy street in a highly commercial, rapidly growing area of very popular businesses. It is close to a major expressway and many “destination’ stores. This auto care facility is housed in a strip mall of specialized auto repair facilities. These other facilities specialize in particular auto repair services that their neighbors do not provide. This concept has turned this location into a “one-stop-shop” area for most auto repair needs and each business has helped direct customers to another business in this location that would best fit their needs. This facility features 4 bays, adequate storage and ample parking. The location currently rents for $3,100 monthly. This location features all the amenities and equipment required for the continued success of this business.
Competition and Expansion: In a market place dominated by franchised auto repair facilities, this independent facility has made a name for itself through providing quality workmanship and longevity. Although competition is plentiful, many can not boast of 15 successful years in business. Expansion could include the addition of other qualified mechanics, additional advertising, towing and shuttle service for their customers.
This is truly a turn-key opportunity that would be an ideal foundation to build your success upon.
The reason for this businesses availability is owner preparing for retirement.
Business Profile
Business Type: Dollar Store Location: Oakland County, Michigan
Sale Price: $ 200,000 Terms: Buyer must secure all financing
Established: October 15, 2003 Additional: Inventory Available
Summary: This successful and profitable independent dollar store is located in an upscale Oakland County community. The high quality inventory estimated at $180,000 can be purchased in its entirety. The high end, high quality, carefully selected inventory has played a major part in the success of this dollar store. Other contributing factors of success are its desirable location, appropriately accommodating the direct market area, great customer service, the balloon sales center, clean/organized sales floor and suitable hours. The sale of this establishment will include name, phone number, goodwill, lease assignment, furniture, fixtures, equipment, and one week of training. Since its inception the store has grown at impressive increments. The annual gross sales are over $700,000 and the annual cash flow is averaging $100,000. The infrastructure of this store is quite efficient, making an absentee owner situation a very good possibility; however owner/operator stores typically produce higher profit margins. The furniture, fixture, and equipment have an estimated current market value of over $75,000. Leasehold improvements and build out for a facility of this size and quality are difficult to value; the buyer of this establishment can estimate what their savings are by purchasing this turn key operation.
Property and Location: This business is located in a large, new, upscale, outdoor strip mall. The store is approximately 11000 square feet with almost 9000 square feet devoted to merchandise display. This dollar store represents one of the three anchors, the other two being a major grocery and a franchise video store. The dollar store is strategically located in the prime outer corner of this mall. It is on a corner of two well known major roads. The current rent is 7.50 per square foot plus cam charges; the rent includes the electric and water monthly charges. These charges equate to $10,385.00 per month. This lease is structured through a sublease agreement and is transferable.
Competition and Expansion: The averaged sales and profit calculations indicate this store exceeds the national averages for general merchandise retail sales by 4.5%. Building on the foundation that has been created, increased marketing, and expansion of unused areas should increase sales and profits. The beauty of the Dollar Store concept is the essence of eliminating the competition; how can you compete with a price point of only a dollar.
The reason for this business’s availability is that the owner is opening a non-competing store that will create time constraints for him.
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