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A two-store mini-chain in northern Ca.
Store #1: Established thirty years, the store’s revenues have increased steadily during the past five years under the current owner. A roomy, well-maintained building allows for the store’s continued growth and profits.
Store #2: Sales have skyrocketed ever since its Grand Opening in 2017. At that time, the building was completely refurbished inside and out, ground to top. This store is in a town with a population base nearly five times larger than of store #1; thus, over time it will become the bigger store in sales and profits.
The two stores are twenty-five miles apart in the same metro region. The part-time, out-of-town owners provide general oversight remotely.
Each store is situated on a high traffic artery leading into town. Both stores enjoy sizeable revenues from national and local fleet accounts such as Enterprise and Comcast.
Reason for sale: The sellers are raising cash to fund new ventures.
The asking price includes the business and the real estate at both sites.
SBA pre-approved financing includes a twenty-five year note with the buyer’s fifteen per cent down payment.
Real Property Included
Store #1: 7,850 sq. ft. building on a .75-acre plot
Store #2: 4,085 sq. ft. building on a .41-acre plot
The husband & wife owners have moved away and are raising cash to fund new ventures.
Monday-Friday: 8am-5pm; Saturday: 8am-3pm; Sunday: Closed.
$10K transfer fee for two stores; $4K training fee out-of-statem and a $7,500 hardware & software licensing fee including three weeks mandatory on-site software training by a third-party instructor flown in from out-of-state.
By Franchisor: 4 weeks. By Franchisee: 1 week.
SBA Financing covers the purchase price of the businesses, the real estate, and the $130K inventory, on a 25-year note, together with the buyer's 15% down payment.
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