Equipment Rental / Concession Sales
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $326382
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 4 - 5
Inventory 68000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Available.
Reason for Sale Retirement.
Description Very well established 25 year old business has a very large base of loyal repeat customers for their concession sales. They provide the consumable supplies that the concessions use. These consumables generate significant sales volume. This company has a very unique product for which there is virtually no competition in the metro market. The company has not been aggressively marketed for years as the owner has looked forward to retirement, but the company has still experienced dramatic growth over the past 3 years. Company could also increase sales by selling to more convenience stores and vendors. The company has great growth potential for a new owner with an aggressive marketing plan.
Business has a very good location with a large amount of walk-in sales. Lease is priced very favorable at a low rate of $700 per month. Business is located in Baton Rouge, Louisiana, a city with all the amenities. Baton Rouge is a fast growing affluent community, and is a great place to live and raise a family.
Seller is has health problems and is ready to retire. Seller is highly motivated and is anxious to sell. Seller will thoroughly train new owner for an extended period of time to transition the business to the new owner. Seller is open to substantive offers and will seriously consider and promptly respond to all offers. Seller will finance the sale of the business for a qualified buyer with a reasonable down payment. Come see this high quality business. You will be so impressed you will want to make an offer.
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