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Southwest Las Vegas

  • Listing No.: 101-16218

  • Category: Miscellaneous, Retail

Asking Price $125,000
Down Payment
Gross Revenue $373,087
Total Adjusted Net Income $100,108
Equipment / Fixtures $1,500
Year Established 2011
General Location Southwest Las Vegas
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Approximately Fifty Thousand Dollars ($50,000.00) of Inventory of merchandise is Included in the purchase price. Per Seller: This established retail vacuum store services Las Vegas, Summerlin and Henderson. They handle vacuum cleaners, carpet shampooers, central vacuum system parts and accessories. Repair services are performed on the premises and on all makes and models. It is located in a major supermarket anchored shopping center. The Seller has one (1) full-time employee. The vacuum cleaners are higher quality and more expensive than typical ones you find in the big box retailers. The business sells some of the lower price point vacuums and shampooers to accommodate more customers. Most of their customers are high income and want higher quality products. The business is known for its quality of service and excellent customer service. Ideal buyer should have mechanical skills. Seller will train buyer. Seller states that many similar businesses in the retail vacuum sales and service industry are operated by absentee or semi-absentee ownership and so can this one by adding one (1) full-time, in-house salesperson. All financial on Tax Returns. 2020 Gross revenue and Net Profits exceeded 2019. For more information including a detailed confidential opportunity summary with financial information, please email the listing agent. 

Gross Revenue $373,087 Listed Price $125,000
Total Income $100,108 Down Payment
Base Rent $2,700 Square Feet 1400
Total Rent $3,414 Lease Expiration 08/2021
Rent Deposit $2,030 Lease Options 1 / 5 years
Inventory $50,000 Leasehold Improvements $0
Equipment / Fixtures $1,500 Other Assets
Full-Time Employees 1 Training Period Negotiable
Part-Time Employees Special License Required
Contract Staff Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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