Listing #1:
Large Convenient Store Wholesale Distributor
Large Convenient Store Wholesale Distributor
***Pre-Qualified for SBA Loan 7A Program!
Customer & Product Focus:
-Convenient Stores, Gas Stations, Liquor Stores, Restaurants
-Tobacco Food, Beverage and Novelty sales focus
Key Strengths:
-Consistently profitable, high volume business with tremendous upside potential for growth.
-Direct Buy Agreements in place with four major cigar manufacturers
-State of Ohio Cigarette Stamping License since 2001
Age of Business: 22 years
Annual Sales: $14.0 Million
Average Seller’s Discretionary Earnings (3 Yr Ave.) $847,000
On Hand Inventory: Varies between $950,000-$1,150,000*
Facility + Furniture Fixtures & Equipment: $600,000*
*Included in Asking Price
Facilities:
– 22,000 Sq ft. of Office, showroom & warehouse space, with 20 parking spaces
– Centrally located to Downtown Cincinnati, within minutes of I-71, I-75, I-74 and Ronald Reagan Cross County Highway
Sell Price: $4.9 Million
Reason for selling: Owners are Retiring
Financing Available: Partial/Negotiable
Broker: Mike Lohbeck, CBI
Phone: 513-200-0247
Email: Mike@MGLBusinesssolutions.com
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Listing #2:
SBA Loan 7a Approved!
High End Retail & Commercial Bakery Shop
Highly Profitable “Turn Key” Business Opportunity –
Age of Business: 84 Years
Key Strengths and Product Focus:
-Consistently profitable, high volume business with tremendous upside potential for even more growth.
-Cincinnati’s Finest Wedding & Specialty Cake, Doughnuts, Pastries, Breads, Buns, Pies & Cookies.
-Deliveries to solid list of commercial accounts
-Turnkey Operation with Excellent Location
Sale Price: $879,000 for Business + $400,000 for Real Estate
-Pre-Qualified for SBA 7a Financing-
Annual Sales: $1.2 Million (7 Yr. Average = $1,072,000/Yr)
Average Seller’s Discretionary Earnings (7 Yr Ave.) $266,240
On Hand Inventory: $42,000* (includes Raw Materials of $30,000 + WIP Inventory of $12,000)
Furniture Fixtures & Equipment: $460,000*
*Included in sell Price
Facilities: $400,000* (Available for sale or lease – See Note above)
*Included in sell price
– 5,300 Sq ft. of retail and baking area, with 36 parking spaces
– Facilities available for lease or sale (Not included in the bakery sale)
– Located just 10 miles from Downtown Cincinnati (Easy access to 2 major highways)
– Accessible to virtually anywhere within the I-275 Loop within 20-30 minutes
Breakdown of $1,279,000 Sell Price –
Real Estate: $400,000
F, F & E: $460,000
Inventory: $42,000
Goodwill: $377,000
Compelling Reason for selling: Owners are Retiring
Financing Available: Pre-Qualified for SBA 7a Loan Program
Mike Lohbeck, CBI
Cell: 513-200-0247
Mike@MGLBusinesssolutions.com
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