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Vacuum retail and repair shop business for Sale in Edmonton, AB
| Reference #: |
5722-11-015
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| Location: |
Edmonton, AB
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| Price: |
$275,000 |
| Amount Down: |
$275,000 |
| Revenues: |
$396,056 |
| Discretionary Earnings: |
$124,000 |
| Total Assets: |
$155,000 |
| Business Description: |
This 36 year old vacuum cleaner retail and repair shop offers a great reputation and a fantastic location in central west Edmonton. Our seller has owned this business for over 15 years and 65% of this business' sales are from retail sale of vacuums and accessories and the other 35% is from servicing vacuum cleaners. Some of the servicing is on site and some of it is done in clients' homes. Seller has 1 full-time employee who has been there for 2 years. Seller is asking only $275,000 for the business including inventory which is currently at $130,000. Sales revenues in 2011 are $353,000 and seller's discretionary earnings are $89,000 in fiscall 2011. Sales have increased substantially during the first 6 months of 2012 and are expected to be at $370,000 with discretionary earnings. Seller is willing to stay and trian. Anyone who is handy can do well in this business, no formal training is required. Seller will stay on 1 month and train new owner to service vacuums. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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