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Profitable Service In Johnson County For 15 Years For Sale

Johnson County, Kansas, US
Asking Price:
$603,437 (USD)
Sales Revenue:
$403,068 (USD)
Cash Flow:
$278,718 (USD)

The location and the surrounding neighborhoods are one of Johnson County's finest which attracts great customers. The shopping center is newer, well maintained and occupied by well known, national tenants. This has been a family-owned and operated business that has allowed the current owner a nice lifestyle and a flexible schedule.

Property Information

Real Estate:

Lease

Premises Details:

Most of the revenue is made up of repeat customers who live and work in the area. The shopping center is first class with easy access, plenty of parking and high visibility. The landlord wants this tenant in the shopping center.

Size in square feet:
1,185

Business Operation

Expansion Potential:

Loans are currently made only to individuals who have an established checking account. A new owner has the option to expand services to include debit cards, check cashing and more. The business has no website. Establishing a web presence will generate additional exposure for the business and its services.

Competition / Market:

Restrictions and zoning ordinances prevent competitors from expanding. There are other similar businesses in the market but are corporately owned and managed from afar. This profitable business has maintained a focus on its customers and a high level of service which makes it an easy decision for customers when they need these services.

Reasons for selling:

Seller plans to retire and remain in the area and will work on sight with the new owner 3 weeks after the sale which will be more than enough time for the new owner to learn the business. Phone consulting after the initial training period will be available.

Trading hours:

Mon-Fri 8:30am-6pm; Sat 8:30am-3pm

Employees:
1 FT/1 PT
Years established:
35

Other Information

Support & training:

Will train for 4 weeks @ no cost.

A general business license and approved State application are required. The current owner has kept operations simple and has maintained a manual accounting and record-keeping system. A new owner may choose to upgrade and incorporate technology. The seller will share the processes that have made him successful and profitable over the years.

Relocatable:
This business can be relocated.

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