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Irvine

  • Listing No.: 106-20149

  • Category: Auto

Asking Price $479,000
Down Payment
Gross Revenue $624,069
Total Adjusted Net Income $287,071
Equipment / Fixtures $52,000
Year Established 1995
General Location Irvine
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25 year old profitable business with increasing revenue and profits. $287,071 net profit. Very low overhead with only one employee and very little inventory. Sales are increasing even during Covid 19 lock-down. Great Yelp and Google reviews! Sales are generated through word of mouth and Yelp. Huge opportunity to grow business in the medical and military industries. Business has been pre- qualified for an SBA loan.

Gross Revenue $624,069 Listed Price $479,000
Total Income $287,071 Down Payment
Base Rent Square Feet 3400
Total Rent $3,400 Lease Expiration 01/2021
Rent Deposit Lease Options 1, 5 year option
Inventory $5,000 Leasehold Improvements $0
Equipment / Fixtures $52,000 Other Assets
Full-Time Employees Training Period 2 Weeks
Part-Time Employees 1 Special License Required BAR
Contract Staff Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.