Large Ticket Retail Business For Sale

Business description

This large ticket retail & service business presents a unique opportunity to the buyer looking for significant cash flow. Several years of consistent growth with considerable potential to continue.

After more than a decade in the business, the founder and current owner is retiring. This business has set the standard in Central Oregon for their industry. This business has been profitable from day one and has maintained steady growth year over year. This business is located in a beautifully designed building in a prime location.

With 20 experienced employees, this business can be operationally self-sufficient and successfully run by the current staff. This is an opportunity for the owner-operator, semi-absentee operator or absentee investor.

The Seller owns the facilities and associated real estate and would like to sell them with the business although does not require the business and real estate sell together.

This business offering includes the free and clear transfer of the following:
Trade name, Furniture, fixtures and equipment, Facility lease or Real Estate, License Agreements, Goodwill & future potential, Contracts in place, Signs & promotional materials, Covenant not to compete, Customer relationships,
Web site, Phone and fax numbers, Training and key relationship introductions,
Business methodology & process, Educated and experienced staff, Vendor relationships with discounted pricing, Supplies and consumables, and Inventory valued at seller cost.

This is an excellent opportunity for an owner who wants to leverage the success of the Sellers and take advantage of the growth potential.

Franchise terms

This business is the most successful member of a small franchise group. The franchise license fee is $15,000 a year and there is an additional royalty of .5% of sales. There is no franchise transfer fee. Franchise is up for renewal in November 2009. New owner must be approved by the franchisor.

Property information

Real Estate:

Lease

Location:

The Seller owns the real estate facilities and is interested in selling all locations but does not require them to sell with the business. Large 15,000+ sq. ft. retail space with plenty of additional warehouse space. Total rent for all retail and warehouse space is $41,500 per month. Premier facilities located in prime locations. Contact broker for details on purchasing property.

Other information

Expansion potential:

Following are identified growth factors:

Web Site Sales: The addition of a shopping cart for internet sales would open the product to a national market and help with up selling current clients.

Outside Sales: The introduction of a dedicated Outside Sales Representative could increase the sales into untouched markets.
Expand Geographical Marketing Efforts: A direct marketing campaign into new markets could increase overall business.

Owner-Operator: A full-time owner-operator may either reduce payroll or add valuable resource to improve the business.

Competition / Market:

This business holds a dominant position in the Central Oregon marketplace. The customer base is made up of both consumer and business clients. The Seller has done an excellent job networking with potential clients and building relationships with referral sources. There has been considerable marketing done to promote the business including advertising on TV, radio, and in newspapers, phone books and magazines. On top of the traditional marketing; the website, word of mouth referrals, and signage/facility visibility all have considerable potency.

Support & training:

Business is fully staffed and can operate without owner participation. Seller willing to stay on for a training period to help establish a new owner and to introduce to key relationships. Training terms to be negotiated.

Reasons for selling:

Retire.

Financing available:

Available to qualified buyers.

Furniture / Fixtures value:

$275,000 (included in the asking price)

Inventory / Stock value:

$1,000,000 (included in the asking price)