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Listing ID: 1528

SOLD

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$120,000 CAD

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Awards Trophies & Promotional business

Maxwell Real Estate Solutions ltd, AB

Independent

$120,000 CAD

RETAIL

Awards Trophies & Promotional business

Maxwell Real Estate Solutions ltd, AB

Independent

This is business was established in 1976 in the current community. There have been three owners in this time period.
The current ownership wishes to retire. The business has a long list of clientele. With the slow down in the economy in the past four years it has effected the level of sales. However the owners have made some adjustments in staffing and rent which still results in a strong cash flow with the business. There are currently 2 full time staff one of these being the owner of the business. The other staff member has been with the business for some 20 years. it would appear she would stay on with a change in ownership. The owner has not been active in going out after new business. It would be an advantage if the new ownership was active in the sports community as well as a number of local organizations. With the economy starting to turn the corner now is the time to purchase this type of business and move it forward.
It has a strong cash flow currently.

Legal Body

Incorporated

Established In

1978

Proprietary Assets

none

Last Year of Completed Statements

2018

Gross Revenue

$279,431

Annual Earnings

$76,025

Land/Building Included

No

Rent/Lease Amount

$2,465

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Buyer's networth must be greater than $50,000.00

BizON assumes no responsibility for the accuracy of any information shown.

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Annual Return On Investment Calculator

Annual Earnings:

$76,025

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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