Buy a Business

Advert Ref: 1228-CM

Hobby Store Franchise Resale For Sale

Details: Asking price:$75,000; Sales revenue:$600,000; Net profit:Undisclosed; Fixtures value:$10,000; Inventory value:$150,000

Business description: A local entrepreneur opened this well-known franchise store in September 2006 to outstanding market acceptance by over 2500 customers. Unfortunately, the owner does not have the time to oversee the daily operations due to other business interests nor does he have an adequate manager in place for absentee ownership so he is willing to absorb the first year opening loss and offer this on-track store for sale at less than the cost of opening one from scratch!

2007 YTD Sales, are up 24% over 2006. Both SBA and owner financing may be available to assist in the turnkey acquisition of this strong enterprise.

General information: Franchise opportunity; Years established:1 year; Employees: 1 Full/5 Part; Trading hours: Mon-Sat 10-8; Sun 12-5; Real Estate: Lease; Lease terms:$5,800 per month; Location:3,800 sq. ft. building; Support & training:Seller will provide training; Reasons for selling:Other Business Pursuits; Financing available?Seller will not provide financing