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Business for Sale Summary

Sunglass & Ornament Kiosk for Sale in NJ - 33213

Business Type: absentee business,apparel and accessory store,misc. retail/non-classifiable,optical,gift and specialty retail
Sunglass & Ornament Kiosk for Sale in NJ
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This business has received 22 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $115,000
Gross Revenues $250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View

Financing

$115,000 Down and $60K over 3 yrs. @ 6% for a qualified buyer with good credit.

Business Description

Fantastic Sunglass & Ornament Kiosk. Low overhead. Ideal for an owner to manage with a full staff of 1 F/T and 3 P/T employees. The sale price includes the 10x15 kiosk, ornament displays to convert the kiosk for holidays, all inventory of sunglasses and ornaments (approx. $20K), all POS hardware, all franchise fees, transfer fees, etc., a 5-year franchise agreement, No Royalty Fees and marketing and training support ( a 4-day training seminar in CO for the sunglasses, held quarterly). In the past year the business grossed approx. $250,000.00 with an owner's cash flow of approx. $85,000.00 for an owner. These are well-documented financials. The cost of goods for all products is only 22% of sales. The rent is only $3,750/mth. We are seeking a serious and financially qualified buyer with at least $115K in liquid funds to cover the down payment. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.