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Specialty/Healthy Wholesale Foods Commercial Bakery

Specialty/Healthy Wholesale Foods Commercial Bakery
  • Status : Active
  • Relocatable : No
  • State/Province: North Carolina
  • Listed Price : $1,088,500
  • Listing ID : 15816
  • Down Payment : $979,650
  • Discretionary Earnings : $341,790
  • Total Sales : $1,558,678
View Details Business Description :

Profitable and growing commercial bakery that specializes in wholesale specialty/healthy snack food.  The Company sells its own brand through distributors, but also manufactures private label brands for major grocery store chains and specialty brands.  The facility is a NC Department of Agriculture and Consumer Services inspected facility.  Significant opportunity for growth by expanding the grocery store business across the other chains, other specialty brands, and co-packing opportunities.  This turnkey operation comes with a full complement of equipment, customer relationships, and existing and knowledgeable staff.  
The financials above include a $36,000 annual rent charge.  If the real estate is also purchased, the discretionary earnings (SDE) available to the buyer will be $377,790.

Category :

Wholesale / Wholesale Snack Items, Wholesale / Wholesale Dry Goods

Well Equipped Collision and Body Shop in Southwest VA

Well Equipped Collision and Body Shop in Southwest VA
  • Status : Active
  • Relocatable : No
  • State/Province: Virginia
  • Listed Price : $849,000
  • Listing ID : 15286
  • Down Payment : $84,900
  • Discretionary Earnings : $183,178
  • Total Sales : $1,285,351
View Details Business Description :

Full-service auto body and custom painting business in Southwest Virginia. Established in 2005, the Company is the largest and best-equipped shop in the area. It has built a solid reputation with drivers and insurance companies -- with approximately 90% of their business coming directly from insurance companies. Great location near interstate provides easy access to surrounding areas and the go to shop for tow trucks responding to local accidents.

Lender pre-approved for qualified buyer with 10% down. Prime + 2%. 10 year term for business only, 14 year term for business and real estate. The seller's discretionary earnings includes a $31,000 charge for rent. The cash flow available to a buyer of the business and the Real Estate would be $378,814. Seller will finance up to 10% depending on terms and structure of overall offer and buyer qualifications. 

The Company saw a slowdown in 2020 as fewer drivers on the road during shutdowns and stay at home guidance resulted in few drivers running into each other.  They are starting to see business pick back up in early 2021 and already have a several week backlog.  The Company anticipates that once the COVID vaccine is widely rolled out and schools and businesses reopen that drivers will return to the roads and start running into each other again.

Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 6-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month).  The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (approximately $27,000 for both the business and land loan).  The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.

Category :

Automotive / Auto Body Shop, Automotive / Painting/Touch Up

Successful (and Essential) Transmission Shop in Charlotte

Successful (and Essential) Transmission Shop in Charlotte
  • Status : Active
  • Relocatable : No
  • State/Province: North Carolina
  • Listed Price : $525,000
  • Listing ID : 15784
  • Down Payment : $52,500
  • Discretionary Earnings : $164,403
  • Total Sales : $780,975
View Details Business Description :

Well-established, growing, profitable transmission shop in Charlotte – one of NC's most desirable and growing cities. The Company offers full-service transmission repairs, including rebuilds, in its fully equipped, 9-bay facility. This turnkey operation is an excellent opportunity for a new buyer to step into a growing and positive cash flow operation, or for an existing transmission repair company to expand in the Charlotte market. Year-to-date is up compared to 2019.

The financials include a $76,000 annual rent charge. With the real estate purchase, the discretionary earnings (SDE) available to the buyer will be $272,000. 

Note - Under the CARES Act as revised by the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company qualifies for 6-months of principal and interest paid by the SBA to the lender on your behalf (up to $9,000 per month). The loan payments paid by the SBA are not taxable. The SBA is also waiving its loan guarantee fee (usually 3-3.75% of the guaranteed amount). The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out.






Category :

Automotive / Transmission Shop

Attractive Salon Suites with Excellent Lease in Triad

Attractive Salon Suites with Excellent Lease in Triad
  • Status : Active
  • Relocatable : No
  • State/Province: North Carolina
  • Listed Price : $250,000
  • Listing ID : 15237
  • Down Payment : $225,000
  • Discretionary Earnings : $66,660
  • Total Sales : $161,200
View Details Business Description :

Excellent semi-absentee/investment opportunity (only 6 hours a week) to own a salon suites management company. High-end facility and upfit, suites are rented by independent stylists. Owner function is similar to that of a property manager/landlord/real estate investor (through long-term lease). Minimal time requirement per week. Onsite facility ambassadors take care of day-to-day.  Excellent chance to own upscale salon suites at a fraction of the upfit cost.

Salon Suites are ideally set up for social distancing as each stylist has their own, separate suite. The Company has currently leases 17 suites, with an annual run rate of $161,000 of revenue. Costs are approximately $94,500 per year, which translates into ~$66,500 bottom line. There are still 13 suites available to rent.  

Category :

Beauty/Personal Care / Hair Salon