Business for Sale

Undisclosed Address, Indiana
Business Opportunity for Sale
Catylist Listing ID: 30786332
Property Subtypes: General Merchandise
Building Size (RSF): See Agent
Sale Price: $500,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 5/16/2022

Overview / Comments

Highly profitable retail business with ongoing income from 'service after the sale'. Located in the Evansville area on a high-traffic road with great visibility, this business has been in operation for many years and has a good reputation with repeat clients. Seller is involved in the daily operations but this could be run by an absentee owner. The business operates 8-5 pm with limited hours on the weekend (seasonal).

Sales grew 21% in 2021 and net income increased by 82%. There is potential for additional sales growth through adding market share and expanding marketing territory.

Full financial disclosure after signing a Confidentiality Agreement.

Attachments & Media

Additional Details

Industry Segment: Other General Merchandise
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $273,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 4-6 employees
Mgmt/Training Support Description: Seller will consult during the transition.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,239 1,239 5,851
Median Age: 43.75 43.75 44.28
Households: 484 484 2,284


Photograph of Listing Agent

Scott Edmond CCIM

SVN | The Martin Group ICREX Member
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