Family Business - Rare Opportunity
Location North Carolina,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3784849
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1987
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Seller will provide training
Reason for Sale Retirement
Description This highly successful, 25 year old family business on the beautiful Outer Banks of North Carolina is for sale. The business is available due to the retirement of the owner. The product mix serves tourist and locals well and will generate $4 million in sales and $300,000 in cash flow for 2012.
The real estate (included in sale price, valued at $1.75MM) is well positioned to accommodate future expansion. SBA financing is available.
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