Location: Emmet County, Michigan
Listing ID: CK2309163M
OPPORTUNITY TO BE YOUR OWN BOSS & LIVE IN PETOSKEY!!!
Serves two markets, business and the general public. This business has great growth potential! It is known for being innovative, offering excellent quality and a unique experience for its clients. Located in one of the most desirable locations in their area.
Since opening in late 2012, the business has provided consistent sales and free cash flow from operations. Everything in the location was purchased new, has been properly maintained and remains in excellent condition.
The owner has strategically established this enterprise well within the business and residential community. He has developed a strong loyal clientele. There are many already identified methods to allow a new owner to grow sales and profitability.
*** NOTICE ***
Due to the nature of the business and geographies served, details of the business area need to be held in confidence until a Non-Disclosure Agreement is executed by interested parties.
Total Sales: $515,000
Cash Flow: $64,030
FFE: $222,143 (Included in Price)
Inventory: $10,000 (Included in Price)
Reason For Sale:
Ready for a change. Children away at college, looking for a new challenge.
Training & Support:
Training is available during transition period.
Year Established: 2012
Year of Last Acquisition: 2012
Days & Hours of Operation: Monday – Thursday - 11:00am – 8:00pm; Friday & Saturday - 11:00am – 9:00pm; Sunday - 11:00am – 6:00p
Owner Hours Per Week: Owner/Operator
Employees: 12 - 15 Part-Time
Lease Option: 2) 5 Year Renewal Options
Monthly Rent: 3593
Type of Location: Strip Mall
Square Footage: 1875
Newer unit is 1,875 square feet unit.
The location is in a very popular and desirable area, with easy access both into and out of the development. Parking is free and more than sufficient.
Offers competitive advantages of:
• Superior location – is in one of the most popular locations in the area.
• Extensive list of high quality products.
• Multiple avenues for growing the business.
Identified several items that will contribute to increased sales and profitability of this business. They include:
• Opportunities to grow existing business and move into new areas.
• Expand loyalty programs.