|
Beach Rental Business Lifestyle Acquisition Owner
Location California,United States
Asking Price Range < $250K
Gross Revenues $253000
Net Profit / Cash Flow $105000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks, 20 hours per week. Simple business to operate.
Reason for Sale Other business interests.
Description Ideal situation is for an active owner operator, (read: retired, someone that just sold a business, someone looking for a small business ownership project etc...) that has the time and energy to revitalize this enterprise. Current management has been distracted by a full time job and other pet projects, causing goodwill to fall precipitously over the past few months, so a significant re-branding initiative will likely be forthcoming under new management. The guts of the business will remain intact though, that is to say the long term lease near the water, all of the valuable fixtures, furniture, and equipment required to operate, and the existing employees if desired.
Seller has a specific investment window to another opportunity that is narrow so closing timelines will be scrutinized just as equally as dollars and cents when it comes to evaluating the merits of a particular offer. This is a lifestyle, outdoor business that a motivated Buyer can restore and make a six figure profit easily with the proper TLC. NDA is required for exact business identity and to review the package on file with the Broker.
Detailed Information
Facilities: Outdoor focused business driven by tourists and locals alike.
Competition: There are a few competitors in this space, but not many.
Growth/Expansion: Needs to be re-branded. Other business interest focus by the Seller caused severe reputation damage, so a complete overhaul may be necessary at the discretion of the Buyer.
Financing: $150k Down, ~$7k/Mo 24 Months at 7%!
Support/Training: 2 weeks, 20 hours per week. Simple business to operate.
Reason Selling: Other business interests.
Click Here To Contact Seller
|
|
