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Established Retail Service Business With 4 Locations For Sale

Staten Island, New York
Asking Price:
$250K - $500K Furniture / Fixtures included
Sales Revenue:
$250K - $500K
Cash Flow:
$100K - $250K

Seasonal business for sale with profits of a year round business. Have more leisure time or focus on other business off season.

No need to be an expert in accounting. There's a basic tax class available and owner with fully assist buyer.

All 4 locations are in lower income areas close to housing projects.

Property Information

Real Estate:

Lease

Lease Terms:

Various terms but in great standing with all 4 location's landlords

Leasehold Rent:

$30,000 per annum

Location:

4 locations on the North Shore of Staten Island

Premises Details:

4 fully furnished, turn key location that have been established for years.

Size in square feet:
4,000

Business Operation

Expansion Potential:

Expansion for the business model has great potential and book keeping or other services can be introduced.

Reasons for selling:

Owner inherited a large sum of money and no longer desires to be in New York during the winter season of operation.

Trading hours:

For 4.5 months of the year the hours are around 10 hours a day with shorter hours during the weekends.

Employees:
Around 12 during peak season
Years established:
8 years but the locations were around longer under a different name at the same location.

Other Information

Support & training:

Total support to transition and train the buyer will be available. There is also a basic course to teach the concept.

Financing available:

At least $150,000 cash down payment must be presented for owner financing

Furniture / Fixtures value:
$15,000 - included in the asking price

Contact Information

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