Catylist ID:
#30786332
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. |
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 |
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