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Riverside

  • Listing No.: 106-15228

  • Category: Service

Asking Price $250,000
Down Payment $250,000
Gross Revenue $635,095
Total Adjusted Net Income $90,900
Equipment/Fixtures $158,320
Year Established 2006
General Location Riverside
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Mobile and retail locksmith service for commercial clients, automotive and some residential customers. Well Established since 2006 serving Riverside County. 2017 revenue of $635,095, cash flow for 2017 of $90,900. ALL Training provided. SBA pre-approved for a qualified buyer. Seller states this is a tremendous opportunity for someone with general business management skills. Purchase price includes 9 vehicles and other equipment.  Inventory valued at approximately $40,000 not included in purchase price.

Gross Revenue $635,095 Listed Price $250,000
Total Income $90,900 Down Payment $250,000
Base Rent $1,257 Square Feet 1600
Total Rent $1,257 Lease Expiration 7/2019
Rent Deposit $1,470 Lease Options 1, 1 year option
Inventory $0 Leasehold Improvements
Equipment/ Fixtures $158,320 Other Assets 9 Vehicles
Full-Time Employees 11 Training Period Franchise
Part-Time Employees 0 Special License Required
Contract Staff 0 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.