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Santa Barbara

  • Listing No.: 106-15396

  • Category: Retail, Service

Asking Price $249,000
Down Payment $0
Gross Revenue $908,436
Total Adjusted Net Income $90,304
Equipment / Fixtures $14,000
Year Established
General Location Santa Barbara
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Unique business opportunity in the retail & service/repair industry! This business has been serving the beautiful Santa Barbara community for over 40 years! Well established and highly regarded, this business boasts a well trained and reliable workforce that performs all service and repair work. Owner operator will manage sales and day to day business operation. With very little competition, this business has sustained fantastic sales numbers with year over year profits over $90,000. New owner can expand online retail platform for additional revenue stream!

Gross Revenue $908,436 Listed Price $249,000
Total Income $90,304 Down Payment $0
Base Rent $0 Square Feet 1520.00
Total Rent $5,853 Lease Expiration 5/2021
Rent Deposit $0 Lease Options 1, 5 Year Option
Inventory $80,000 Leasehold Improvements
Equipment / Fixtures $14,000 Other Assets
Full-Time Employees 3.00 Training Period 2 Weeks
Part-Time Employees 2.00 Special License Required
Contract Staff 0.00 Reason for Selling Retirement

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.