Online Hobby Store For Sale
Description
Revenue: 258,000Established: 1999
Employees: 21
Financing: 50% down, the rest over 5 years
Relocatable: Yes
E-2 VISA QUALIFIED INVESTMENT! Exponential growth as the Largest Internet Based Hobby Shop in the World! Company markets Giant Scale RC Airplanes & Jets with Gas or Turbine Engines. This is a Great niche market and the business dominates this market with 18 employees, 3 PT and 2 Managers. Company has approximately 11,500 clients and it also sells to Distributors and Hobby Shops globally. An Additional 2 Manufacturers were recently secured with the “Exclusive Import Rights”. This will generate an EXTRA $190K per month, in addition to figures stated! First container due in September. Price includes $900,000 in inventory plus $50K in FF&E. Owner wishes to retire. This business will GROW and so will the asking price. NOW is the time to buy. New owner cal also add Helicopters, Boats & Cars to website! This is an outstanding Opportunity! Qualifies as an E-2 Visa Investment. Financial Statement with a net worth north of 2 million & NDA Required. Owner Financing is available to qualified Buyer.
Company enjoys a niche market in the Giant scale RC Model Industry. With 3 “Exclusive Import Rights” with 3 manufacturers. It also sells to Distributors and Retail shops Globally.
The Company is one of the largest retail hobby shops in the world. Annual sales can grow to exceed $30million. Giant scale RC is the focus of Company and is less than 1% of the total revenue of RC products
4) Consultation: Sellers to spend 4 hours a day, weekdays, from 10:30 am to 3 pm (minus ½ hour lunch) for a period of 30 days to perform the turnover/transition period. After the first 30 day period, Sellers be available at no charge for a total of 1 hour per week during the hours of 10:30 am to 3 pm weekdays for the next 35 consecutive months to provide phone consultation as required. Up to 90 days use of current facilities which includes several offices and warehouse space at no charge. The facilities are available weekdays from 6am to 7pm.
Tags: businesses for sale, buy a business, buy a franchise, sell a franchise, sell your business
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