Two Profitable Coastal NC Sears Hometown Dealer Store and OXI-Fresh Carpet Cleaning Locations NCListing DetailsOffice ID: SEARS1 Status: ON HOLD Listing Broker: Jeff Snell, M&AMI, CBI, ABI Listing Price: $275,000 Gross Revenue: $607,304 Cash Flow: $102,743 FF&E: $123,800 FF&E Included: No Sales Structure: Asset Sale Seller Financing: Yes Financing/Terms: Seller will participate in SBA Seller financing.Absentee Owner: Yes Reason for Sale: True RetirementTraining: Seller will provide up to 80 hours of transition support at no additional cost.OperationsYear Established: 2009 Form of Ownership: S Corp Employees (full-time): 2 Employees (part-time): 15 Business Hours: M-Sat 9-7 Sun 12-6 Summary Business Description: These two Sears Hometown Stores are located in coastal NC within a reasonable drive from one another covering the entire area. Sears Hometown Stores are not owned by Sears. Rather, they are licensees and represent Sears products for sale in markets that cannot support an "A store" or full line store. All inventory is owned by Sears corporate with no flooring, interest or other costs. Sears manages the inventory and provides all point of sale and electronic systems needed to operate the business. The licensee is paid a commission upon all sales.
This opportunity also includes two territory locations for the new Oxi Fresh carpet cleaning franchise valued at approximately $100,000 in addition to the listed FF&E. Additional details will be provide upon request.Owner Qualifications: Owner should possess general business administration skills including accounting/finance, human resources, management and marketing.Competition: Main competition is Lowe's hardware stores.Potential Growth: Potential to expand into Jacksonville, NC after the main line store closes. This transaction includes two Oxi Clean carpet cleaning franchise pilot stores. Cost is $300 per month and $12 per cleaning per store location. Franchisor will provide cleaning equipment. Start up costs as stated by franchisor is ~$39,000 - $67,000.LocationType of Location: Strip Center Real Estate for Sale: Yes Facilities: Both locations are approximately 11,000 square feet with ~25% being stockroom and office. Both are located on high traffic streets and have adequate parking and outdoor lighting.Last Updated: Dec 18, 2017 / 11:53 AM Financial Information Current As Of: May 21, 2016 / 2:34 PM  |
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