Long Established Retail Vacuum Store
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $120000
Net Profit / Cash Flow $78000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Inventory $25,000 equipment & $5,000 inventory.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide a complete review and training period for the new owner.
Reason for Sale Alternative industry out of the particular area.
Description A long established retail Vacuum sales and service business for sale is located in a prime area of Warren County New Jersey. The business facility has been at the same main street, corner location for 40 years and services a large area with protected territories for many of its products. The business offers sales and service for vacuum cleaners with exclusive product lines including: Miele, Oreck, SEBO, Dyson and many more. The business pulls repeat customers through its outstanding reputation for rapid, quality service. The business has a consistent yearly income and the owner will evidence a yearly net income of $78,000 for year 2008. The owner is venturing into an alternative industry and will finance the sale to a qualified buyer. The sale includes the business website, inventory, equipment tools, manuals and full seller training. This is an excellent opportunity to own a well established retail business with a wonderful reputation!
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