Last Revised: 10/7/19. Posting #: 10249138
Key Words: trampoline, trampoline park, franchise, entertainment center, fitness, indoor entertainment center, kids
Financial Info: Asking Price: $1,100,000. Cash Flow: $470,905. Gross Revenue: $1,255,748. Real Estate: $2,200,000*. *Real Estate in addition to business price, Cash flow includes real estate purchase. Pre-Approved for an SBA loan for qualified buyer.
Profile: Great opportunity for part-time owner/operator or could easily be converted into absentee owner. Employees are trained and duties are not labor-intensive.
Inventory: Included in asking price
Real Estate: Owned, Not included in asking price
Building Size: 20,000 sq. ft.
Facilities: Custom built location near busy shopping center. Highly visible, high traffic retail area.
Competition: No competition
Support & Training: Owner will train. Franchise training as well.
Reason for Selling: Retirement
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: Escrow services to brokers & agents, owner/sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services.
Key Words: shalonda chappel-pilgram, town country escrow, escrow, bulk sale, bulk sales, escrows, liquor license transfers, lien search, lien searches, los angeles, orange, riverside, san bernardino, san diego, imperial
Profile: Deal Team was founded with a mission to provide breakthrough professional business brokerage services to small and mid-size businesses. Our professional and practical approach to business sales brings a level of service to middle-market businesses that is regularly experienced by larger companies.
Key Words: david richman, richman business brokers, business broker, business intermediary, valuation, business valuation, consultant, fitness, manufacturing, machine, appliance, pet containment, pet, pets, locksmith, locks, cleaning, detailing, grocery, entertainment, family entertainment, metal, sheet metal, manufacturing, drilling, new haven, litchfield, farmington valley, hartford,
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Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
Profile: It is crucial to have buyers interested in purchasing a business sign a non-disclosure agreement before releasing any information to them about the business for sale. BizBenNetwork Senior Manager Jordan Green shares tips for qualifying buyers and implementing a successful non-disclosure agreement.
Key Words: nda, non-disclosure agreement, confidentiality agreement, non disclosure, non disclosure agreements, confidentiality, confidential information, buyer profile, business buyer, prospective buyer, buyer prospect, liability, legal issue, legal, jordan green
Profile: The unfortunate side of buying and selling small businesses is that the majority of all transactions fall through, including over half of all deals that go into escrow. Jordan Green discusses the most common reasons that transactions fall out of escrow in this BizBenNetwork blog.
Key Words: jordan green, escrow, business owners, business buyers, buyers, sellers, contract deposits, taxes, business purchase financing, financing, landlord, landlords, lease, leases
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Profile: Determining whether to include the value of a business's inventory in the selling price or add the inventory's value in addition to a business's selling price is an issue that occasionally comes up when negotiating the purchase agreement during a small business transaction.
Key Words: selling a business, buying a business, sell a business, buy a business, purchase agreements, purchase agreement, inventory, inventories, value, valuation, valuing a business, selling price, restaurants, restaurant business, online businesses, ecommerce, goodwill, sales multiples, equipment, jordan green
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Comments & Replies: 14 Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
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Profile: BizBenNetwork Senior Facilitator Jordan Green with others share helpful tips for buyers to prepare for a business purchase in order to ensure a smooth and timely process. From preparation to effectively communicating their expectations with business brokers, these tips will assist all buyers.
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Profile: Dealing with landlords in order to secure a new lease during the sale of a small business can be a complicated issue. While challenging, the failure to secure a new lease will effectively end a business transaction. Jordan Green & other BBN Members explore this issue for business buyers & sellers.
Key Words: jordan green, landlord, landlords, lease agreements, subleasing, sublease, attorney, commercial lease assignment