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Businesses For Sale > Business For Sale in Oakland, Michigan (MI)

Exceptional Retail Franchisee-$4.6 mill-Sales, $1.0 mill cash flow for sale in Oakland, MI

Oakland, Michigan (MI)

Asking Price: Gross: Cash Flow:
$ 3,300,000 $ 4,612,214 $ 936,834

Business Summary:
Exceptional opportunity to acquire extremely profitable retail franchise focusing on a fast growing segment of the market and having very little effect from online sales. The business has been in the same location for almost 25 years with annual sales and cash flow in the top 5%-10% of the corporate Franchisorís large chain of stores which are located nationally and internationally. The Franchisor is a leader in its industry, and has twice named the Seller as its Store of The Year out of approximately 130 stores. The business is located in a highly visible desirable location in a community of affluent shoppers and has approximately 10 years remaining on it existing lease. The Seller is mostly absentee and has a large well trained management staff to operate the business day to day. Seller training of the new owner/operator is included in the asking price. The Franchisor will also train and provides ongoing support and an exclusive territory. The business has been prequalified for SBA bank financing which requires a down payment of only 10% of the purchase price with a term of 10 years. This is a special opportunity for an individual seeking his/her own high-performance business. Seller is retiring and feels an owner/operator could dramatically grow the business.

 

   
Year Business was Established: 1995
   
Number of Employees: 20ft/14pt  
   
Owner willing to finance: SBA  
   
Owner willing to train: yes  
   
Reason for selling: Retirement  
   
Seller Reference Number: 3N1087
BusinessMart.com Listing Number: 241089
 

 

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For more info contact:

Domenic Rinaldi

Sunbelt Business Brokers
773-243-1603

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