Home Based, No Staff And Lease
Location:
United States
Industry: Real Estate > Other Real Estate
Business Summary
The Corporation to be sold is a Limited Liability Corporation (LLC), C-Corporation status, registered in the State of Florida. Asking price is $340,000. Business established in spring 2005 and successfully making money from day 1 of operation. LLC constantly provides monthly fix income of $3,850K as of the present. Business is owned by a Single-LLC Member. Buyer is purchasing $165K working capital (cash assets) and receives annually $46K in monthly payments (other payment frequencies can be agreed) by checks or optional wire transfers. Business works for 7 years like a clockwork - since 2005 also perfectly for the LLC to be sold.
NO labor. NO staff, NO lease, NO marketing and advertising involved. Special Buyer skills needed: Check depositing / Wire transfer receiving. Proof of income can be provided by tax returns (2005 / 2006). CPA of Seller can open books to CPA / Accountant / Attorney of the Buyer. Buyer is not required to move to Florida.
Perfect business for:
- Elderly Buyer not being able or willing to work physically anymore.
- Retired Buyer who sold his business and wants to invest his sales price.
- Attorneys, CPAs/Accountants and Doctors as an ''on the side business''.
Seller will provide details of the nature of his business, 2 purchase options, and related transfer procedure in writing.
Reason for selling this business: Seller will stay in the same business (without being a competitor) with a share of the Sales Price and finance his future web based project.
BUYERS ONLY must submit brief Letter of Interest and proof of financial cash capability.
P.S. Real Estate information in required fields of the form to publish this posting do NOT apply at all but were neccessary to submit the posting.
Same applys to Number of Employees. There are no employees involved.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$50,000
Cash Flow:
$50,000
Cash Flow Type: EBITDA
Inventory: $165,000 cash assets.
Seller Financing: Not Disclosed
About The Business
Year Established: 1991
Number of Employees: 1 - 3
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Management Training and Support: Yes.
Reason For Selling: Finance of new project.
Click on the "I'm Interested" button above for more information on this Real Estate > Other Real Estate business for sale.
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Print Listing Id: 70060231
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