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Business SELL Opportunities • Business BUY Opportunities • Small Business for Sale

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Selling a Business
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Sample of Sold Businesses by the NovarsGroup

Type of Business: Motorcycle and Adventure Vehicle Rentals

Sold Price = $317,000
Sold Assets = $40,000
Terms: 100% Cash @ Closing

DESCRIPTION: This business has pioneered the motorcycle rental and the guided motorcycle tour industry in the US for the past 15 years. The business was established in this region in 2002 and has seen explosive growth since then. The business operates from a mixed retail and warehouse facility and offers a full range of motorcycles for rental as well as ATV’s and trailers.

The business is also growing its merchandising section and predicts a major growth in this area. The business meets the needs of a broad range of riders; they offer a huge selection of perfectly maintained motorcycles and allow one-way rentals between rental facilities located in many of the most desirable destinations in the USA. This is a one off opportunity to buy into an exciting new business.

BUYER PROFILE: First time individual buyer – motorcycle enthusiast

Type of Business: Hotels Rooming

Sold Price = $3.3 mm
Cash $3.1 mm
Seller Note$200K (@9%)

DESCRIPTION: This is a unique opportunity to purchase an integrated business operation situated on valuable Real Estate in one of the fastest growing counties in Southern Maryland. The Real Estate consists of four connected and integrated lots in a downtown location on a busy main street less than 1/2 mile from a Naval Air Station. The business consists of an Extended Stay Lodging with 34 clean, comfortable, and nicely furnished one- and two-bedroom apartments with full kitchens, wireless DSL, and other amenities. There are 4 Retail Rental Units suitable for small offices or retail activity and a fully equipped Self Serve and Full Serve Laundromat on the site. The lodgings offer an attractive alternative to full service chain hotels and enjoy very high occupancy rates. The Laundromat is fully equipped and services lodging and walk-in clients. There are many opportunities for further expansion of the business activities, especially the Laundromat operations.

BUYER PROFILE: First-Time Buyer

Type of Business: Retail Florist

Sold Price = $617,500
Sold Assets: $90,000

DESCRIPTION: This business is a full service Retail Florist providing the highest quality services in the region. The range of services include, Floral Arrangements, Cut Flowers, Plants, Gifts, Food Items and Wire Services. The company is well located in a busy strip center with great visibility and off road parking. The company has been established in the area for nearly 30 years and enjoys an unparalleled reputation for quality and customer service.

BUYER PROFILE: Buyer is an individual with a passion for flowers and flower arrangements.

Type of Business: Mobile Children’s Gym

Sold Price = $90,000
Sold Assets: $20,000

DESCRIPTION: The business has fully developed the concept of the Gym Bus as a mobile fitness experience for pre-School children. The company uses specially converted school buses that are custom designed with padded walls and floors, heating and air conditioning. The age appropriate gym equipment is fully configurable to meet the needs of each weekly lesson. This creates a safe and fun filled environment for the children and their parents. Each class is managed by two trained instructors. This unique concept allows the company to service many different communities throughout the area as the gym goes to the client.

BUYER PROFILE: Individual, First Business

Type of Business: Construction Special/Trade Contracting

Sold Price = $3,050,000
Down Payment = $1,850,000
Seller Financing = $1,200,000 @ 8%
A/R = $0
Notes Assumed = $0
Liabilities = $0
Vehicles Included = $600,000
Equipment = $500,000
Furniture and Fixtures = $100,000
Inventory = $0

DESCRIPTION: This well established and successful underground utilities construction company is now available for purchase. The company was incorporated in 1984 and has developed an extensive client list consisting of developers, contractors, and municipalities. Future growth is limited only by the owner’s willingness to expand, since the company operates in one of the fastest growing regions of the country.

SALES AND CASH FLOW:
Ave. Revenue: $4,900,000
Ave. Cash Flow: $1,000,000

BUYER PROFILE: Individual with related business experience.

Type of Business: Pet Sitting

Asking Price: $375,000
Sold Price: $310,000
Down Payment: $105,000
Financing Arrangements: $205,000 financed over 5 years

DESCRIPTION: This company is a full service Pet Sitting and Dog Walking service based in the Northern Virginia suburbs of Washington, DC. The company provides a full range of services including midday dog walks, vacation needs, plus overnight pet and home care.

SALES AND CASH FLOW:
Ave. Revenue: $450,000
Ave. Cash Flow: $200,000

BUYER PROFILE: The Buyer is a serial entrepreneur.

Type of Business: Marketing and Advertising Services

Asking Price: $1,445,000
Sold Price: $1,360,000
Down Payment: $450,000
Sold Tangible Assets: $761,000

DESCRIPTION: A marketing and promotions company specializing in the development and production of marketing materials for high-end residential development projects and Marinas.

SALES AND CASH FLOW:
Ave. Revenue: $1,700,000
Ave. Cash Flow: $466,000

BUYER PROFILE: Architectural Services Company looking to add additional services for its clients and increase its client base.

REASON FOR SALE: Retirement

Type of Business: Appliance Stores

Asking Price: $500,000 (for 50% Equity Stake)
Sold Price: $400,000
Down Payment: $400,000

DESCRIPTION: A local chain of 4 High End Retail Appliance Stores. The owner was seeking a new active partner.

SALES AND CASH FLOW:
Ave. Revenue: $3,500,000
Ave. Cash Flow: $220,000

BUYER PROFILE: Two Information Technology Consultants seeking to move to a less volatile business.

REASON FOR SALE: To Bring in New Partner

Type of Business: Manufacturing and Wholesaling - Wood Products

Asking Price: $525,000
Sold Price: $525,000
Down Payment: $200,000
Bank Financing: $325,000
Sold Tangible Assets: $100,000

DESCRIPTION: A manufacturing and wholesale company producing a superior line of wooden and high end synthetic window coverings.

SALES AND CASH FLOW:
Ave. Revenue: $700,000
Ave. Cash Flow: $250,000

BUYER PROFILE: Father and Son team with extensive marketing experience.

REASON FOR SALE: To concentrate on Other Opportunities

Type of Business: Vehicle Towing, Storage and Auctions

Asking Price: $18,000,000
Sold Price: $18,600,000
Down Payment: $8,600,000
Seller Financing: $10,000,000
Sold Tangible Assets: $6,500,000

DESCRIPTION: A 24/7 recovery, towing and vehicle impound service operating from multiple locations.

SALES AND CASH FLOW:
Ave. Revenue: $22,500,000
Ave. Cash Flow: $5,000,000

BUYER PROFILE: Private Equity Group with Transport Industry Focus

REASON FOR SALE: Retirement

Type of Business: Wholesale Commercial Bakery

Asking Price: $195,000
Sold Price: $175,000
Sold Assets: $60,000
Cash Flow: $60,000

DESCRIPTION: The business concentrates on the production of baked products, cakes and pastries. The customer base includes, hotels, airline caterers and retail outlets.

 

 


 

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