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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Minnesota Businesses For Sale Categories   >>   

Cash Flowing Storage & Studio Rehearsal Studios

Location  Minnesota,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $115452
Net Profit / Cash Flow  $64208
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2007
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes.
Description  The basement floor of the Rossmor Building is available as a commercial condo. Tax value of the condominiums is $171,000. In these condos exist two cash flowing businesses. One business is storage units for the 130 residential condo owners who live in the above floors. The second business is music rehearsal studios for a nearby music school. This is a low maintenance business with a 12%-16% CAP Rate. There is a new development being built across the street in late 2009 that will continue the growth of Downtown & increase property values. Potential seller financing.
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