Vacuum Sales & Service
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $64500
Net Profit / Cash Flow $18248
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1979
Number of Employees 1 - 3
Inventory 5000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will provide training.
Reason for Sale Retirement.
Description This vacuum sales and repair business for sale has operated more than 30 years in Livingston County. Sales and profitability have been stable even in the down economy. Vacuum sales and repair are handled in the store, mostly serving individual households. They sell Eureka, Hoover, and Cirrus brand vacuum cleaners and service almost any brand.
Current hours of operation are 9 AM to 5 PM. weekdays, and 9 AM to noon on Saturday, far less than most retail businesses and favorable for someone looking to maintain a friendly work schedule. The building housing the business is located near downtown on a well traveled street in the community. A buyer can lease or purchase the building.
This is the perfect business for an owner/operator who likes to work with their hands and interact with customers. This opportunity is also potentially attractive to owners of existing vacuum sales and repair shops looking to expand their client base and geographic territory. The name is well known in the community, but no marketing has been done for several years.
The real estate valued at $125,000; is available for lease or purchase. The financial numbers shown are 2009 year end projections provided by the owner based on annualizing the first 5 months of 2009. Sale price is just $80,000.
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