Snack City Inc acquired by Partnership for $1,450,000
Snack City Inc. Status: Active Listing ID: 50605 | Office Identifier: MD0605 Mt. Vernon Print Wholesale Food Distributor Listing Details BBP Industry ID: 16121411 NAICS: 42441, 424410 Industry Description : General Line Grocery Merchant Wholesalers Title: 000- Wholesale Food Distributor Business Name : Snack City Inc. DBA: Snack City Inc. Listed Price: $1,700,000 Down Payment : $700,000 Total Sales : $10,164,302 Seller's Discretionary Earnings: $422,000 Inventory: $100,000 Financing / Terms: Seller will carry balance of $1,000,000 for 7 years at an 8% interest. Reason for Sale: Transition- 3 Partners looking to do something different. Training & Support: The owner is willing to train & support for a reasonable period of time. Executive Summary Business Description : The target company is 1 of 7 authorized master wholesale distributors of wise snack products and the area it covers is the Bronx and a small designated portion of Manhattan. Brooklyn, Queens, Long Island, Westchester, New Jersey, and Connecticut are serviced by other authorized Wise product wholesalers. The target company is currently operated by 3 partners who all work a combined 50 hours per week on a part-time basis. One partner works Tuesday and Thursday, while other 2 partners work on Mondays, Tuesdays, and Wednesdays, and Monday, Wednesday, and Friday respectively. One owner who works full time can replace all 3 partners since each partner handles segmented functions of the business. For example, one partner is responsible for purchasing, while another partner is responsible for collecting monies from customers. The third partner is responsible for handling warehouse related issues. In addition to the partners, the target company employs 4 warehouse workers, who organize the warehouse and services the incoming customers. The target company employs no salespeople and is not responsible for delivering products to their customers. Rather, the customers (route owners) pick up products from the warehouse during designated time periods. The hours of operation are 4:30 a.m. to 1:30p.m. Monday thru Thursdays, and Friday the business closes at 12 Noon. The business does not operate during weekends. The business needs $100,000 of inventory to operate and typically caries $50,000 to $100,000 in accounts receivables which are typically collected within 10 to 30 days upon the customer receiving an invoice. Historical Summary: The business has been in existence 50 years. In 1998, the current owners bought the business. Owner Qualifications : Seller has 25 years of route distribution experience. Potential for Growth : A new owner can add non-competing food products to his distribution line. Also, there are developments that are transpiring at the moment that will soon enable the target business to inherit several new accounts from 2 warehouses that are closing down. Operations Year Established: 1957 Year of Last Acquisition: 1998 Form of Ownership: S-Corporation Days & Hours of Operation : Mon - Thurs. 5am -3pm, Fri. 5am-12pm Number of Employees : PT / 4 FT Location Snack City Inc. 263 Washington Street Mt. Vernon, NY 10553 Type of Location Not Specified Square Footage 10000 Facilities / Location Description 10,000 sq. ft. Warehouse Monthly Rent: $8,280 Lease Expiration : 8/31/2008

 
EZ Docs, Inc. takesover WP Business Machines, Inc. $900,000.00 merger
Listing ID: 48165 | Office Identifier: MD165 Midtown Manhattan West Map Print Office Equipment Wholesaler Listing Details BBP Industry ID: 1611 NAICS: 423 Industry Description : Merchant Wholesalers, Durable Goods Title: 000- Office Equipment Supplier Business Name : Listed Price: $1,200,000 Total Sales : $2,241,790 Seller's Discretionary Earnings: $300,431 Inventory: $70,000 (Included in listed price) Financing / Terms: TBD Reason for Sale: Retirement Training & Support: The owner is willing to train & support for a reasonable period of time. Executive Summary Business Description : The business sells, leases, and rents copiers, printers, and fax machines to mainly small businesses, medium sized businesses, and professional service providers such as doctors, lawyers, architects, engineers, and real estate offices. Any business with an office is a candidate for the company’s products and services. A typical customer will be leased, sold, or rented a copy machine along with a fax machine and printer. That customer will than buy into a service maintenance contract that will enable the company to service the customer over a long period of time, particularly for the purpose of servicing the machines. Moreover, the customer will buy supplies such as ink cartridges, toners, and paper goods from the company which creates a further residual income effect. These relationships can last from 2 to 5 years or longer, so long as the customer continues to lease or use the copier. Even though the business benefits from many customer relationships which produce residual income for the business, it is important to the note, that the owner must procure new customers on an ongoing basis to increase and stabilize the business’s cash flow since you never know when past customers stop using Canon products or do not have a need for a copier, fax, or print machine. The current customer was built by word of mouth referral marketing, direct mailings, and the perpetual management of current customers for the purpose of selling them service contracts and supplies. The business currently has 1,000 customers and sends 10,000 mailing pieces 6 months out of the year. The company is operated 5 days per week on a 9am to 5p.m. schedule by the current owner who is responsible for the overall management of the business and customer relationships. The company employs a total of 9 employees which includes 4 technicians, 4 office administrative people and 1 salesperson. The technicians are responsible for fixing and installing machines. The administrators are collectively responsible for service dispatching, accounts receivables, service contract billings, answering phones, and other secretarial functions. The one sales person who is employed has been with the company over 10 years and gets paid $100,000 which includes his salary and commissions earned. The trend of sales declined from 2005 to 2006 but has been steady from 2006 to 2007. Also, it is important to note that Canon is not a franchisor nor a licensee of its products. The owner’s relationship with Canon is strictly a supplier relationship under a perpetual contract so long as the owner receives updated product training and knowledge. The owner is free to sell other branded or unbranded products and is not restricted by product or territory. At the moment, the owner is one of 13 Canon dealers in the New York City Metro area. The company is considered one of seven “Office Product Dealers” as opposed to the other 6 “Full Line Dealers” that exist. The difference lies in the number of Canon products that can be sold. To become a “Full Line Dealer,” the owner would have to go through a specific training process and be willing to invest the money in the selling products he currently does not sell. The sale includes the business’s goodwill, customer lists, customer relationships, inventory, accounts receivables, accounts payables, and all furniture, fixture, equipment. The accounts receivables range from $50,000 to $100,000. The accounts payables ranges from $ 30,000 to $65,000. The inventory at cost value is estimated from $50,000 to $70,000. The business is estimated to have 1,000 customers. Most of the receivables can be collected within 30 days and there are no receivables that exist more than 45 days. Historical Summary: The business was started and established in 1991 by the owner, who had mainly a background in corporate management. The company operated from a location a few blocks away from its current location for close to 10 years before moving to its current location 6 years ago. Competition: The business faces competition from Xerox, IBM, and other office equipment dealers particularly on the issue of price. Further, there are 12 other Canon Dealers in the New York City Metro area. To overcome these obstacles, a new owner must be customer service oriented and must be willing to market the company. Potential for Growth : The business’s profit and continuing success revolves on the ability to procure new customers for the copiers, fax machines and printers. This procurement of new customers leads to further residual income which stems from the sale of service contracts and supplies. Hence, growth strategies must be centered around the procurement of new customers. The number one growth strategy available to a new owner is the development of sales force which focuses on procuring new customers. Second, the new owner himself should focus on bringing in new business using strategies such as networking, participation in trade shows, and participation in key industry associations that can lead to new business. Operations Year Established: 1991 Year of Last Acquisition: 1991 Form of Ownership: S Corporation Days & Hours of Operation : Mon.-Fri. 9am-5pm Number of Employees : PT / 9 FT Location Relocatable: YES Type of Location Commercial Square Footage 3000 Facilities / Location Description 3,000 square foot space which includes 1,500 square foot office space (upstairs) and 1,500 basement warehouse space. On average, the business carries on average $50,000 to $70,000 worth of inventory, most of which is supply inventory. Monthly Rent: $6,500 Option: N/A Terms and Conditions: N/A Security on Lease : $19,500

 
$1,350,000 SERVICE LAUNDROMAT DEAL- SBA 7(a) LOAN
Status: Sold Listing ID: 47427 | Office Identifier: LD901 Staten Island Map Print $17,000 a week- 4 year old machines, 2 years tax returns, 12 years+ lease, parking, main road- GOLD MINE!!! Listing Details BBP Industry ID: 222313 NAICS: 8123 Industry Description : Drycleaning and Laundry Services Title: 100 Machine $17,000+ weekly sale Laundromat Business Name : Listed Price: $1,550,000 Down Payment : $500,000 Total Sales : $884,000 Inventory: $15,000 Financing / Terms: Assumable machinery mortgage as well as seller financing and/or pre-approved for SBA 7 (a) loan financing- TAX RETURNS SHOW A LOT OF PROFIT. Reason for Sale: Grandchildren and financial independence. Training & Support: The owners are willing to train and support for a reasonable period of time. Executive Summary Business Description : The company’s business model is that of convenience and self service. This CARD-OPERATED (system costs apprx $60,000) operated laundromat operates with 97 machines. The typical services provided are that of self service where a customer does their own laundry. The wash and fold service has the business’s employees doing all the washing and folding. This is a service that usually charges in the range from $0.65 - $0.85 for each pound of clothes. The owner charges $0.80 cents per pound.Finally, the last service offered here is that of a pick-up and drop-off variety. A few customers choose to take advantage of the services offered by establishing an account where the laundromat will pick-up the clothes to be washed from the client’s home, bring it to the laundromat, wash, dry and fold it, package it then drop it off at the client’s home at a predetermined time. This is perfect for young professional renters who may not have the time to sit around watching their clothes spin for an hour and a half. The laundromat was established 5 years ago. In addition to $884,000 in sales the laundromat also spins off $9 per week from pay phones and $100 per week from the ATM. The father and son have employed a steady group of girls who wash and fold 8,000 pounds of clothes every week which is documented. 5 girls work full time during the day. •48 - Speed Queen Stacked dryers. •12 - 16 lbs max Speed Queen washers. •15 - 27 lbs max Speed Queen washers. •20 - 35 lbs max Speed Queen washers. •02 - 50 lbs max Speed Queen washers. 97 - TOTAL WASHERS & DRYERS There are 48 dryers that charge $0.25 cents for 8 minutes. All washers and dryers are Speed Queen. The boiler is 4 years old and all FF&E are under 5 years old. A service contract for equipment maintenance is renewable once per year. Forty percent of sales are derived from walk in business. The business has a few commercial accounts. The accounts are 3 medical offices and 5 hair salons. Historical Summary: Sales have been up year after year growing over 10% a year. Owner Qualifications : 650 FICO score, minimum $300,000 down payment which is verifiable and the spirit of entrepreneurship. THIS IS A BIG DEAL! Competition: One local competitor...40% of the size of this current establishment. In other words, it is no competition in the immediate area. Potential for Growth : The laundromat’s potential for growth is realized when commercial revenues catch up to the wash & fold and coin-op revenues. Currently the laundromat’s sales are $884,000 per year. If a new owner focused on capturing more commercial contracts that would not only increase the business’s revenues but also its margins since this profit center is the focal point of the service. Operations Year Established: 2002 Year of Last Acquisition: 2004 Form of Ownership: Limited Liability Company Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : 24 hours per day. 7 days per week. Number of Employees : 6 PT / 2 FT Location Boulevard Staten Island, NY 10305 Type of Location Not Specified Square Footage 4000 Facilities / Location Description $17,000 a week- 4 year old machines, 2 years tax returns, 12 years+ lease, parking, main road Monthly Rent: $8,000 Lease Expiration : 4/9/2019

 
$2,400,000 Comprehensive Outpatient Rehabilitation Facility TRANSACTION 80% RECAPITALIZATION
Listing Details BBP Industry ID: 261114 NAICS: 6214, 62149, 621498 Industry Description : Outpatient Care Centers Title: 0- CORF- Comprehensive Outpatient Rehabilitation Facilities Total Sales : $5,991,843 Seller's Discretionary Earnings: $863,814 MBI DEAL An "MBI" or 'management buy in' is where a company is sold to a new management team who take a majority stake. Frequently it is used to ensure the continuance of family firms where there is no clear plan of succession. On occasions, a family member, or one of the previous owners, will retain a small stake. Funding for MBIs is often supported by venture capital firms or conventional bank products that are non-SBA driven and, as such, they will usually have one or more seats on the Board. To drive a successful MBI deal it is essential that the prospective management team can demonstrate they know their target, its market and future prospects extremely well, which occurred. In an ideal situation they will already be active in management in the target market and able to write a clear and concise business proposal, which occurred. An alternative strategy to driving an all inclusive MBI deal is to agree with the owners to take a senior position along with a small equity stake, securing a Board seat, and to then progress towards an MBO. This then ensures the 'inside story' is known and understood prior to taking on and investing in the business, which made this deal work and possible.

 
Subway 40th St and 2nd Ave
Manhattan Subway Store deal $14,000 a week...good deal, low Manhattan rent, store established one year plus

 
CAR SERVICE TRANSACTION $675,000 STOCK DEAL
Listing ID: 10432 | Office Identifier: 53 New York Map Print Car service covers a wide area of local market. Business services 12 commercial aaccounts and is operated out of a 3 bay garage that services their cars. Listing Details BBP Industry ID: 181513 NAICS: 4853 Industry Description : Taxi and Limousine Service Title: Car Service Business Name : Listed Price: $850,000 Total Sales : $1,600,000 Seller's Discretionary Earnings: $309,036 Financing / Terms: Owner willing to finance $300,000 Reason for Sale: Owner retiring from industry. Training & Support: Willing to provide training for up to 6 months. Amount of days per week is TBD Executive Summary Business Description : Well established business for over 20 years. Fleet of 24 vehicles. Staff of 1 manager, 6 dispatchers, 20 drivers, and 3 mechanics. Business averages 4,000 calls per week and has 5 established telephone #s. All drivers are employees and business generates no walk in business and/or business from independant owner operators. All phones are answered automatically. Historical Summary: Established and operated since 1982 Owner Qualifications : In business for 23 years and belongs to several industry and business related organizations. Competition: There are four direct competitors. All of them are not as strong as this business. They have less cars Potential for Growth : Target medical community, more hands on management. Operations Year Established: 1982 Year of Last Acquisition: 1982 Form of Ownership: Corporation Absentee Owner: YES Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : 7 Days 24 hours per day Number of Employees : 10 PT / 40 FT Relocatable: YES Type of Location Not Specified Square Footage 2500 Facilities / Location Description 3 bay garage. (3) 7,000 lbs. lifts. 2,500 sq ft. The office is a 8X16 foot trailer inside the building Monthly Rent: $3,100 Terms and Conditions: month to month lease in place

 
FREIGHT LOGISTICS DEAL $3,000,000 JSD INDUSTRIES INC
Listing Details BBP Industry ID: 181411 NAICS: 4841 Industry Description : General Freight Trucking Title: Trucking/Logistics Company Business Name : Total Sales : $9,362,257 Seller's Discretionary Earnings: $1,194,691 Fixtures, Furniture & Equipment: $810,190 (Included in listed price) Financing / Terms: Possible SBA financing 7A program available for a buyer with strong credit and experience as well as a minimum of 30% down-payment. Other bank financing possibly available with right candidate. Reason for Sale: Owner weighing out exit strategies. Open to partnership, consulting arrangements or 100% buyout. Training & Support: Owner is willing to consult for a reasonable period of time. Moreover, if new owner wants to expand via other acquisitions or forming an IPO, the owner is willing to stay on as either a partner, consultant, or manager. Executive Summary Business Description : See Sellers Memorandum Historical Summary: The business was started in 1999 and was incorporated in June 2000 under the name Inc. The business has grown in revenues and profitability every year since its start. The owner projects sales to be 11 million in 2006 and 14 million in 2007 with 10% flowing to the bottom line. Owner Qualifications : Both owners have impressive backgrounds with a plethora of business and professional experience. The visionary of the company has a business degree from Rutgers University and is a CPA by trade. He also has significant experience in the engineering field. His partner’s experience mostly lies in the import/export business. Previously to owning the company, neither owner had experience owning a trucking business. Competition: It is difficult to pinpoint direct competition since the business combines asset based trucking with brokerage services provided to both customer and carrier. The industry is made up of owner operators, Carriers that employ drivers and function as asset based trucking company, and freight brokers that solely bring carrier and customers together for a service fee. In addition there are public trucking companies such as CHRW that transport freight on behalf of larger public companies. Overall, there are 28,000 for-hire carriers in the U.S. Less than 10% have revenues over 5 million; nearly two-thirds produce annual revenues under $1 million. Potential for Growth : Inc strategic growth will continue through expanding on the existing business model and the growth of the brokerage department. The laws of large numbers apply here. The company has established a foundation that is designed to support a larger operation. Hence, any additional gross profit that is generated flows straight to the bottom line. Further, the business has had some success leasing and selling trucks. Certainly, a truck leasing and sales department can benefit the business considering their modus operandi puts them in touch with truck drivers and owner-operators. There is tremendous opportunity to develop additional sales and carrier agency relationships which was started in 2005. These agency relationships would add more revenue and profitability to the already established brokerage division and further expand and diversify our customer base. Currently, the business has built 1,000 outside carrier relationships, 40 to 50 of which are relied upon heavily. Moreover, the company does not have a dedicated consolidation facility where it can take more profitable less than truckload freight and consolidate it into truck loads for distribution to California, Arizona, Nevada, and Washington State. Adding this type of terminal requires additional investment and partnering with companies that have the facilities on the west-coast. While this is certainly an opportunity for the company, this is a capital intensive business proposition that the current owners are considering at some time in the future. Operations Year Established: 1999 Year of Last Acquisition: 1999 Form of Ownership: S Corporation Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : Business is in operation 24 hours, 7 days per week. Office hours for the New Jersey Office and Miami Office are 9a.m. to 5p.m. 5 days per week. Number of Employees : PT / 12 FT Location Relocatable: YES Type of Location Commercial Square Footage 2000 Facilities / Location Description The company leases a 2,000 square foot office facility with 2 acres of parking available for trucks in New Jersey. The Safety, Dispatch, and Finance departments operate in this facility. The company also leases a 1,000 square foot facility in Miami for the company sales agents. Also, some dispatch work also takes place in this office. Monthly Rent: $42,755

 
LAUNDROMAT 120 MACHINES ALL CASH
Listing Details BBP Industry ID: 22231311 NAICS: 81231, 812310 Industry Description : Coin-Operated Laundries and Drycleaners Title: Laundromat Business Name Listed Price: $1,250,000 Total Sales : $678,820 Seller's Discretionary Earnings: $270,400 Fixtures, Furniture & Equipment: $500 (Included in listed price) Reason for Sale: Owner wants to do something else. Training & Support: The owner is willing to provide a reasonable amount of training and support. Executive Summary Business Description : 52 washers and 36 stack dryers are Speed Queen. The washers can be categorized into 20-18lbers, 20-35lbers, 10-50lbers and 2-80lbers. There is a $460,000 equipment note. Operations Year Established: 1997 Year of Last Acquisition: 2006 Form of Ownership: Limited Liability Company Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : 7 Days 7am-12am Number of Employees : 2 PT / 3 FT Location Type of Location Enclosed Mall Square Footage 5000 Monthly Rent: $8,300 Lease Expiration : 4/16/2016 Security on Lease : $28,000

 
TANNING SALON CHAIN SOLD WITH 401(k) ROLLOVER COUPLED WITH SBA 7 (a) LOAN FINANCING
Status: Sold Listing ID: 14159 | Office Identifier: S010 New Jersey Listing Details BBP Industry ID: 222311 NAICS: 8121, 81219, 812199 Industry Description : Personal Care Services Title: Tanning Salon Business Name : DBA: Listed Price: $425,000 Down Payment : $212,500 Total Sales : $364,876 Seller's Discretionary Earnings: $155,866 Fixtures, Furniture & Equipment: $425,000 (Included in listed price) Financing / Terms: $212,500 down. The balance will be financed at a rate and term to be determined. Reason for Sale: The owner wants to free up money for real estate related opportunities in Florida. Training & Support: The owner is willing to stay on board for a reasonable period of time after closing. Executive Summary Business Description : The tanning salon offers a variety of products, services and amenities to all its customers. For example, all staff is 100% Smart Tan Certified. The business holds convenient business hours (7 days) and between the two stores, there are eighteen different beds each in their own private room from stand-ups with built in facials to lay downs with built in air conditioning. The beds represent the most modern, state-of-the-art, high tech tanning equipment. There is plenty of parking and no expiration on prepaid tanning sessions. Inside every room is XM Satellite Radio with headphones. Direct TV is on the premises. The business will beat any competitors’ price and the 1 of 2 stores has women’s active wear and clothing. The tanning salon offers a full line of the finest lotions to help guide and ensure an even, dark and safe tan! Historical Summary: The first location has been established since 2001 and the second since 2003. Competition: Both stores face competition from many tanning salons. Some are independent operations and a few are franchised locations. The largest franchise has units across the country. Potential for Growth : If a new owner were to work in the business full time, he/she could replace a portion of the payroll essentially locking it in as additional profit. Refer to the seller's memorandum for two more ways to improve the business. Operations Year Established: 2001 Year of Last Acquisition: 2001 Form of Ownership: S corporation Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : Mon-Fri 9am-11pm, Sat 9am-8pm, Sun 10am-6pm Location Type of Location Commercial Square Footage 1500 Facilities / Location Description The store are well maintained with modern state-of-the-art equipment. Lease Expiration : 1/1/2014 Terms and Conditions: 3% increases yearly at both stores.

 
BREAD MANUFACTURING NORTH JERSEY
Status: Sold Listing ID: 10371 | Office Identifier: MD008 North Jersey, New Jersey The business is a complete cash cow - with $3,000,000+ a year in annual sales and over $373,000 in cashflow, one can take advantage of a "ONCE IN A LIFETIME OPPORTUNITY!!!" PROPERTY INCLUDED - over 20,000 square feet, the owner is will sell the prope Listing Details BBP Industry ID: 151118 NAICS: 3118 Industry Description : Bakeries and Tortilla Manufacturing Title: Manufacturer - BREAD Listed Price: $4,300,000 Total Sales : $3,002,228 Seller's Discretionary Earnings: $373,138 Fixtures, Furniture & Equipment: $700,000 (Included in listed price) Financing / Terms: There is bank and seller financing available for this business Reason for Sale: The owner is looking to relocate to Florida to focus on another biz Executive Summary Business Description : The business is the only game in town - with $3,000,000 dollars in year in gross business, this business cannot be stopped. With the right individual the business can continue and improve if desired Potential for Growth : The business is territory is "boundaryless" with the right market plan and innovation. The business currently focuses on italian specialty as well as focaccia bread and other breads as well... one could diversify the product line to boose sales Operations Year Established: 1973 Franchise Information : n/a Days & Hours of Operation : 7 days Number of Employees : 33 PT / 0 FT Location Relocatable: YES Type of Location Not Specified Facilities / Location Description The facility is immaculate -with over 10,000 square feet of operation and 100s of ovens this bread manufacturer/distributor pumps profits with ease. The business assets are in good condition and opertional (you have to see the physical operation in order to comprehend the business). Parking is abundant, however, not a necessity. The building is for sale or one can get a lease option to buy the property - proposed rent is $7 per square foot plus taxes with the option to purchase within 5 years

 
LAUNDROMAT RETAIL/WHOLESALE $22,000 PER WEEK
Uptown Laundromat SOLD: $1,400,000 STOCK DEAL WITH $400,000 DOWN PAYMENT ALONG WITH A $1,000,000 SELLERS NOTE FOR 10 YEARS AT 7 1/4%

 
SUPERMARKET
Status: Sold Listing ID: 20976 | Office Identifier: FB290 Connecticut A Spanish-American supermarket specializing in a variety of imported products from South & Central America. In existence for 27 years, the philosophy here revolves around low prices and excellent service while offering top quality to all customers. Documents Listing Details BBP Industry ID: 171511 NAICS: 4451 Industry Description : Grocery Stores Title: Supermarket Listed Price: $1,550,000 Total Sales : $2,600,000 Seller's Discretionary Earnings: $243,871 Financing / Terms: To Be Determined Reason for Sale: Cannot manage the business absentee. Training & Support: The Owner is willing to stay on to train a new Owner. Executive Summary Business Description : The produce department presents fresh fruits and vegetables daily. The variety of fresh meat as well as seasoned meat like pork, chicken, and red meat adds to the philosophy of high customer service. The butchers will cut any meat to your liking. They also offer an option of seasoned meat. Home made Sofrito adds a hint of Spanish flavor. They have Spanish medicine and natural products as well as fresh pigs and fresh goat meat. Some of the other services offered are pay by Check, Food Stamp, W.I.C., Credit Card, ATM withdrawal, EBT Food, EBT Cash. There is a check cashing service that takes only payroll checks, cashes them for the customer and charges a nominal fee. This fee adds up to approximately $700 - $800 per month. On the company website one can find the address, phone and fax numbers as well as email addresses for the department heads and managers. The business serves the Hispanic community. Established since 1976, this supermarket specializes in Spanish-American products. They offer free delivery for convenience. Annual gross sales generated by the business are approximately $50,000 per week. The monthly breakdown by department is as follows: Produce = $25,000, Meat = $40,000, Grocery = $30,000, Dairy = $20,000, Chicken (frozen food) ranges from = $13,000 to $15,000, Beer = $3,000, Cigarettes = $8,000 to $10,000, Deli = $4,000 to $5,000. The gross profit margin is 28% excluding spoilage. For the first 5.5 months of 2006 the business grossed $830,666.71 from 67,678 customers making the average sale $12.27. There are many different distributors starting with Shurfine who provides the supermarket with produce, deli, grocery and some meat products. Standard Beef also provides some meat products. Westside Food delivers only meat while Latan American brings the beer. New Haven Provisions provides deli meats. Besides PepsiCo and Snapple the supermarket has 3 other vending machines on premises. The Owner put in 2 new frozen coolers. Lotto was just added and generates $1,500 - $2000 in commissions. Western Union generates $200 to $300 per month. Since he owns the ATM machines all $300 in commissions go to the Owner’s pocket and are not split with anyone. There are minimal spoilage costs and the inventory is typically at $225,000 at any given point. Historical Summary: In existence and serving the community since 1967. Competition: Supermarkets not only compete with other supermarkets but also deli and convenience stores aim to take away customers. Mom and Pop’s as well as brand name convenience stores like 7-Eleven are all competing for the same customers. Traditional supermarkets face competition not only from smaller operations but also bigger stores. New competitors are winning business because they are even larger than supermarkets. And they have lower prices. They are also facing competition from stores with more choices of fresh, natural foods. For example, Wal-Mart Supercenters sell groceries as well as clothes, tools, electronic equipment and everything else. Costco membership stores are also known for low prices. Discount stores like Wal-Mart and Costco buy their goods in huge amounts and sell at prices that supermarkets usually cannot equal. Potential for Growth : This supermarket used to do $200,000 per week in sales and could get back there with some creativity. By offering more fine foods and organic products and also offering greater choices of similar products than could be found at their discount competitors revenues could increase. Operations Year Established: 1967 Year of Last Acquisition: 2004 Form of Ownership: Limited Liability Company Absentee Owner: YES Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : 7 Days per week, 7am - 8pm Number of Employees : 5 PT / 8 FT Location Type of Location Stand-alone Square Footage 13400 Facilities / Location Description A 5,600 sq ft basement that is used for storage. There are 6 aisles and 5 cashier stations. Outside is parking for 40.

 
PHARMACY RETAIL
Status: Sold Listing ID: 11495 | Office Identifier: R027 Brooklyn This business services the community by providing top of the line pharmaceutical services. The seller also retails items like detergents, shampoos, shaving razors, diapers, baby wipes, kitchen supplies, paper goods, cosmetics, vitamins, lotions, soa Documents Listing Details BBP Industry ID: 171611 NAICS: 44611, 446110 Industry Description : Pharmacies and Drug Stores Title: Pharmacy established 20+ years 2 million+ in sales Listed Price: $850,000 Total Sales : $2,469,508 Seller's Discretionary Earnings: $258,648 Inventory: $150,000 (Included in listed price) Financing / Terms: The seller will be open to discussing possible financing options depending on the offer and the terms of the deal. Reason for Sale: The seller is looking to shorten his daily commute, and he has also experienced burnout from being in the business for such a long period of time. Training & Support: The owner would be willing to stay on board for a reasonable period of time after closing. Executive Summary Business Description : The business brings in a daily number of prescriptions which may range from 70 to as much as 120. The seller also services the needs of as many as 20 AIDS patients. In addition to all of the retail items within the store the seller is also asthma certified and has an active license in New Jersey and Florida. Total gross sales of $2,469,508 with the higher percentage of these sales coming from prescription drugs. Historical Summary: Prior to 1977 the owner worked for medical centers dealing with retail. In 1977 he became a licensed pharmacist and began with this current business in 1995. Owner Qualitfications : Licensed Pharmacist Competition: The sellers main competition is the Rite Aide located 6 blocks away from the sellers location. Potential for Growth : Some suggestions for improving the current operation are to increase the retail sales. This can be done by offering a different variety of items. In addition to adding variety to the product line cuts in payroll, if an owner operator purchased the business, would improve the new owner’s net profit. Operations Year Established: 1957 Year of Last Acquisition: 1985 Form of Ownership: S Corporation Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : Mon – Fri / 10am – 6pm / Sat / 9am – 5pm Number of Employees : 0 PT / 5 FT Location Type of Location Commercial Square Footage 1800 Facilities / Location Description 1,800 square foot facility surrounded by apartment buildings. 300 square feet is dedicated to storing inventory. The business is located on a very busy location. Monthly Rent: $3,000 Terms and Conditions: 3% - 5% Increases annualy Security on Lease : $9,000

 
PAINTING SERVICE FRANCHISE CERTA PRO
Status: Sold Listing ID: 11299 | Office Identifier: F012 North Brunswick, NJ This painting franchise is the North American leader in the delivery of quality residential and commercial painting services. With over 200,000 satisfied customers, the future is on display every day—in how they paint every type of house and building Listing Details BBP Industry ID: 141313 NAICS: 2383, 23839, 238390 Industry Description : Building Finishing Contractors Title: Commercial and Residential Painting Services Listed Price: $300,000 Down Payment : $60,000 Total Sales : $470,000 Seller's Discretionary Earnings: $179,181 Fixtures, Furniture & Equipment: $60,000 (Included in listed price) Financing / Terms: The business is a franchise that is qualified under the SBA 7 (a) Loan program and allows a qualified purchaser to place 20% of the purchase price as a down payment. Reason for Sale: The current owner is expanding into a master franchise position in a new and upcoming franchise and feels that running two companies at once would be a huge burden on himself and his family at his current age. Training & Support: The seller will provide training as far as to his employees, business contacts and the transferability of those contacts, marketing techniques, sales techniques and ways to prospect for new business within and outside of your target market. Also, since the business is a franchse, the franchisor also provides the same training but in a general scope while the franchisee assists you with his current business one on one. Executive Summary Business Description : This painting franchise is dedicated to providing the best possible service to their customers. Their commitment to customer service ensures delivery of a quality experience that is unique in the painting business. In order to gather some basic data on a particular project you as an owner will give the customer a ballpark price to paint the work subject i.e. office building, house, office, room, etc. based on the information the customer gives you. Then give a firm price and a professional assessment for interior or exterior work. Historical Summary: The business was started over 4 years ago and since then has grown every year dramatically. The largest single producing franchisee in the east does over $7,000,000 a year in gross sales and the next best franchisee comes in at $3,000,000 in sales. This business for the upcoming year 2006 is planned and projected based on historical sales and growth rates to do over $650,000 this year in sales. The Discretionary Earnings percentage is roughly 32% of the sales should be the amount of money available to an owner to realize as profit. Owner Qualitfications : A prospective owner should have at minimum a 650 FICO score (credit) and $60,000 to invest; this number includes Working Capital and necessary deposit money. Competition: There are 16 competitors that operate out of the same city but none of your competition has support from a nationally recognized franchise in order to procure business and make life simple. Potential for Growth : Since this is a service based business your opportunity to grow will be based on where you want to take the business as an owner. Sales and marketing will be the difference between financially untouchable to just making it! The choice is yours, you can always be restricted to a LOCATION! Operations Year Established: 2001 Year of Last Acquisition: 2001 Form of Ownership: Subchapter S Corporation Percent of Business Online: 5 % Days & Hours of Operation : Anytime Number of Employees : 4 PT / 4 FT Location Relocatable: YES Type of Location Commercial Square Footage 0 Facilities / Location Description N/A Monthly Rent: $0 Option: N/A Terms and Conditions: N/A

 
GOURMET FOOD RETAIL
Status: Sold Listing ID: 16892 | Office Identifier: FB054 Upper West Side Manhattan Documents Listing Details BBP Industry ID: 281212 NAICS: 7222, 72221 Industry Description : Limited-Service Eating Places Title: Gourmet Deli Listed Price: $450,000 Down Payment : $225,000 Total Sales : $990,996 Seller's Discretionary Earnings: $188,031 Financing / Terms: The owner is willing to finance a portion of the deal to a qualified buyer with ZERO interest the first year. Reason for Sale: The owner has other business interest. Training & Support: The owner will stay on to give training and support. Executive Summary Business Description : Situated in a high traffic upper West Side neighborhood this well established business has been serving breakfast, lunch, and dinner assortment for over twenty years. A very large percentage of business is take-out business. Free delivery is another added service for all customers. Some of the Products & Services are hot & cold sandwiches, coffee, soups, bagels, tossed salad bar, fat free muffins, croissants, smoothies, dinner in a box, fresh bakery, cookies, wraps, panini, homemade desserts, hot and cold beverages, lotto, cigarettes, candy, phone cards, ATM’s and internet access. Historical Summary: The business was established in 1981 as a deli. the current owner purchased the business in 1995 and significantly renovated the premises and changed the mixture of the products and services catering to a more public clientele. Owner Qualitfications : The business can be managed by someone who has great work ethic, excellent customer service, and gourmet food experience. Competition: In the immediate area there are several locations that serve different types of foods. Potential for Growth : One of the biggest improvements would be for a new owner to operate the business hands-on, therefore replacing at least one, if not both manager's salaries, thus retaining more of the profits. In addition, a suggestion to improve business sales would be to increase the delivery portion of the business by soliciting companies for company accounts and by developing an effective marketing/advertising plan. Operations Year Established: 1981 Year of Last Acquisition: 1995 Form of Ownership: S Corp. Absentee Owner: YES Days & Hours of Operation : Mon. - Sun. 6am-11pm Location Type of Location Not Specified Square Footage 750 Facilities / Location Description Street level hosts a 750 sq. ft. dinning area that seats 15. The basement is a 300 sq. ft. kitchen & food prep area plus an additional 300 sq. ft. storage facility with easy access. Monthly Rent: $11,000 Lease Expiration : 10/21/2009 Option: 3 year option Terms and Conditions: 500 yearly increases Security on Lease : $22,000

 
AUTOMOTIVE HYLAN BLVD
Status: Sold Listing ID: 10327 | Office Identifier: A887 Staten Island, New York A business based on word of mouth with absolutely no advertisement in the current marketing strategies. With a little willingness to learn or some basic knowledge, one can use this well established business as a springboard into cash flow. Listing Details BBP Industry ID: 222611 NAICS: 8111, 81119, 811198 Industry Description : Automotive Repair and Maintenance Title: Auto Accessories Shop doing $1,600,000 in sales Listed Price: $480,000 Down Payment : $200,000 Total Sales : $1,755,000 Seller's Discretionary Earnings: $200,000 Fixtures, Furniture & Equipment: $40,000 Inventory: $40,000 Financing / Terms: The seller will take a $200,000 down payment Reason for Sale: Owner's wife is in poor health!!! Training & Support: The owner is willing to stay on board for a reasonable period of time after closing. Executive Summary Business Description : Competition: Some competitors in the area but no real competition threatens the businesses grow or maintenance Potential for Growth : There is no reason this business would go down -it is an established name in the industry and does over a million and a half in sales and all of this without advertising. Operations Year Established: 2001 Form of Ownership: S corporation Franchise Information : N/A Number of Employees : 7 PT / 0 FT Location Type of Location Not Specified Facilities / Location Description 3,000 total sq. ft. Includes sales floor, showroom, office area and 5 bay garage for installation and repairs. 25 parking spaces in front - 14 parking spaces in the rear.

 
LAUNDROMAT RETAIL
Status: Active Listing ID: | Office Identifier: Listing Details BBP Industry ID: NAICS: 8123 Industry Description : Drycleaning and Laundry Services Title: Laundromat Seller's Discretionary Earnings: Financing / Terms: Buyers will need to be financially qualified Reason for Sale: Concentrate on business in another country Executive Summary Business Description : Competition: Very limited Potential for Growth : Pick up, delivery and dry cleaning

 
LAUNDROMAT RETAIL
Status: Sold Listing ID: 11335 | Office Identifier: LD029 Brooklyn Map Print This is a neighborhood Laundromat offering walk-in and drop-off services. Approximately two thirds of the business stems from wash and fold, with three commercial accounts. There are 26 washers which are Unimac and 24 dryers, which are Huebsch. Th Listing Details BBP Industry ID: 222313 NAICS: 8123 Industry Description : Drycleaning and Laundry Services Title: Full service laundromat $6,000+ per/week in sales Listed Price: $425,000 Down Payment : $250,000 Total Sales : $312,000 Seller's Discretionary Earnings: $110,050 Fixtures, Furniture & Equipment: $175,000 (Included in listed price) Financing / Terms: The seller will be willing to finance $175,000 of the $425,000 asking price. The terms and interest rate have yet to be determined. Reason for Sale: The sellers have the business on the market due to a partnership dispute. Training & Support: The seller will be willing to stay on board for a reasonable period of time after closing. Executive Summary Business Description : This is a 2,00 sq.ft. Laundromat which has 26 washers and 24 dryers. The sellers have additional office space towards the rear of the business. IT is in this office that the sellers have computer systems set up to monitor the business revenues, and a 7 camera surveillance system to monitor the facilities Historical Summary: This business was established 10 years ago, and was purchased 10 months ago by the current owners. The sellers joined an association and found that the founding owner was selling the business. The two current owners decided to go into this business together, they both have 20 years prior business experience. They originally purchased two Laundromats. Owner Qualitfications : The sellers have 20 years previous business experience Competition: Potential for Growth : There are several different profit centers that can be added to a Laundromat as an improvement. Ideas such as, lotto machines, vending machines, video games, and commercial accounts. Operations Year Established: 10 Year of Last Acquisition: 2004 Form of Ownership: S Corporation Absentee Owner: YES Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : Mon – Sun / 7am – 11pm Number of Employees : 2 PT / 3 FT Location Type of Location Commercial Square Footage 2000 Facilities / Location Description Approximately 2,000 square feet worth of actual business space. 7 cameras surveillance system with an air conditioning system. The sellers also have 12 carts for moving clothes around within the business. The boiler is about 5 years old. The sellers also have 1 card machine for the their customers usage Monthly Rent: $3,600 Option: 5 year option to re-knew Terms and Conditions: TBD

 
QUIZNOS FRANCHISE
Status: Sold Listing ID: 10379 | Office Identifier: F005 5 boros, New York Turnkey system with state of the art tracking system. Mall location with immpeccable visibility. 718-390-8484. Listing Details BBP Industry ID: 28121211 NAICS: 722211 Industry Description : Limited-Service Restaurants Title: Franchises - Quiznos ....MMMM Toasty!!! Business Name : Quiznos DBA: Quiznos Listed Price: $450,000 Total Sales : $636,255 Seller's Discretionary Earnings: $123,963 Financing / Terms: $300,000 Lender Financing Available - Sba & Non Sba Reason for Sale: Has a career that he enjoys better. Executive Summary Business Description : Competition: Other franchises in the immediate area plus mom & pop food ops Potential for Growth : Add breakfast menu Operations Year Established: 2003 Number of Employees : 7 PT / 0 FT Location Type of Location Not Specified Facilities / Location Description Prominent well traveled corner location on major thoroughfare

 
LAUNDROMAT RETAIL/WHOLESALE
Status: Sold Listing ID: 16511 | Office Identifier: LD035 Brooklyn, NY A Full-Service Laundromat in the heart of Brooklyn offering many professional services. Approximatley 75% of the business is wash nad fold, the remaining 25% is pick-up. tha lauindromat charges $0.60 per pound and grossed $230,000 in "2005." These Listing Details BBP Industry ID: 222313 NAICS: 8123 Industry Description : Drycleaning and Laundry Services Title: Laundromat Listed Price: $250,000 Down Payment : $135,000 Total Sales : $230,000 Seller's Discretionary Earnings: $87,836 Financing / Terms: The seller is open to any offers which may include the seller holding a note for a portion of the business sale price. Terms are TBD. Reason for Sale: The owner is looking to get involved with other industries and has spent 10 years in the laundry business. Training & Support: The seller is willing to stay on board for a reasonable period of time after closing. Executive Summary Business Description : The customer base consists of local residents. Both homeowners and renters from nearby apartment complexes frequent the business. All the customers in the area are mainly middle aged working class people. New customers are mainly procured through word of mouth. The business operators are the managers. There are 2 workers in additoin who alternate shifts, there duties consist of folding clothes, cleaning, and assisting customers. Historical Summary: The business was created 10 years ago. The seller at that time was very interested in the laundry business and sought out a location that would accomadate his needs. The seller used to own a deli prior and also owned a pasrty / Wise potatoe chip route. Owner Qualitfications : Good customer Service Skills Competition: Potential for Growth : Potential for growth within thsi business could include adding differant profit centers to attract new clientele. Profit centers like Lotto, and vending machines and video games could do just that. Operations Year Established: 1996 Year of Last Acquisition: 1996 Form of Ownership: S corp Franchise Information : N/A Percent of Business Online: 0 % Days & Hours of Operation : Mon - Sun / 7am - 9pm Number of Employees : 1 PT / 2 FT Location Type of Location Commercial Square Footage 1150 Facilities / Location Description 45 Maytag Wahing Machines and 14 Dryers. There are also 12 laudnry carts. the equipment is all 10 years old. There is 1 cash register and 2 to the sellers office, located within the business. Monthly Rent: $3,400 Lease Expiration : 5/1/2015 Option: TBD Terms and Conditions: TBD Security on Lease : $10,200

 
Day Care (Adult) with Real Property - A True Steal!!!
Healthcare facility which houses veterans. Real Estate included. Absentee ownership. 10.7 acres of Land. Pays $40,000 to manager - owner operator can take home this money his/herself.

 
Laundry - Big Boy Laundromat makes Money!!!
Laundromat has a total of 61 machines - 28 dryers/33 washers generating $6,000 per week in gross sales. Competition is soft in the area and drop off is $0.60 cents per lb. This laundromat has tremendous opportunity for expanding wash n fold, dry cleaning services as well as implementation of pick up and delivery services.

 
Liquor Store doing $867,764 in sales
A must see location with a low rent that one can utilize in order to make money. The store is currently owner operated - that is why the cashflow is higher - the owner does put in long hours, however, that is his discretion - can be run differently

 
Franchises - Quiznos ....MMMM Toasty!!!
Turnkey system with state of the art tracking system. Mall location with immpeccable visibility.

 
Laundromat with STRONG CUSTOMERS & ACCOUNTS
$3,500 to $4,000 per week. Mostly pick up and delivery. 0.75 per pound. Lots of commercial accounts. A rare opportunity in the laundromat business in a affluent area.

 
Laundromat with $1,200 Rent
Asking Price of $250,000 with 50% down. The offer for $100,000 cash was made and the buyer and sellers agreed the closing was held on 11/21/05 4:pm. Congratulations to te sellers and the closing agent Juan L. Montes.

 
Laundromat with $1,500 Rent
Mostly walk-in business. 65 cents per pound on wash n fold, $1,200 rent, take home $6,000 per month in your pocket and run the business absentee. Call 718-390-8484 and set an appointment with a Profit Wisdom Representative. Business had an asking price of $200,00 and sold for $150,000

 
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