Business For Sale Listing 152128
Maui Retailer - $4 Million Sales - Very Motivated
Status as of Dec-3-2008 at 06:00 PM: Off The Market
Business Summary
This is the business that every serious buyer is looking for:
• Business with high brand recognition.
• Clean, CPA compiled books and records that will pass due diligence.
• Long history of profitable growth.
• Limited multi-store competition.
• Excellent relationships with vendors.
• Loyal and long term employee base.
• Stores with excellent locations and "curb" appeal.
Founded more than 20 years ago, this retail business has grown from one store location to many across Hawaii. Sales grew from $1.6 million in 1986 to over $4.2 million in 2007. Seller's Discretionary Earnings (SDE) has averaged over 12% of sales over the last 5 years. As a well-known provider of tourist items, their key to success has been to focus on providing lower price-point products in high-volume, medium-sized, well-located stores, and using well-trained sales staff to enhance sales. A simple business model that has proved to be a winning one for many, many years.
Seller is very confident in the continued success of this business and is willing to finance $195,000 for 36 months at 7% for a qualified buyer.
Is it time for you to buy a business with profits large enough for you to live very well in Hawaii's paradise?
For detailed information regarding this business, contact us.
Categories
| Industry: |
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| Location: |
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| Other: |
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Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (4,252,000) |
| Profits: |
Between $500 Thousand and $1 Million (521,200) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
5 year average |
| Asking Price: |
Between $500 Thousand and $1 Million (495,000) |
