$185,000

TURN KEY OPERATION

Arizona/Bisbee
Financials
  • Price: $185,000
  • Gross Income: $234,000
  • Cash Flow: $90,000
  • FFE: $0
  • Inventory: $20,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #10627
  • Year Established: 2012
  • Financing: NO CARRY - CASH ONLY!
  • Training: 2 or 3 weeks - We live here
  • Facilities: There is a virtual tour on the website which shows the historic 111 yr. old building. 1200 sq. ft of actual sales floor. 2 back rooms for storage of product and an 800 sq. ft basement which could be used for more storage.
  • Competition:We realize there are other stores out there but we also realize we have the best products in the nation, and our sales each month prove that. WITH OVER 180 ITEMS FOR SALE WE HAVE MANY INCOME STREAMS! We also have major events here in Bisbee that bring in thousands of people every mo. and hotels and motels sell out every single room in town during these events.
  • Growth: When we started we had 15 olive oils and 15 balsamics, And thats it. We now have over 180 products Olive oils, Balsamics, Marinades, Gift Packs, Stuffed olives, Frog Balls, Nuts, Jerky, Olive oil lotions / creams, Goats milk products , Mesquite cutting boards , Spices, Pastas, Hand made aprons, and Cold drinks We also have a few retail outlets that carry our products and 5 restaurants that use our oils and Balsamics. Again as online sales pick up the gross and net will also grow substantially. Our online sales for Dec. 2013 were well over $5K.
  • Employees:

Property Descriptions

LOW, LOW, LOW, Overhead! (UNDER $1,100 PER MO.) We have Complete records from an accounting firm - We are a debt free co.with no outstanding bills of any kind. OUR NUMBERS ARE IN FOR 2013 7131 SALES WITH AN AVERAGE OF 3 TO 4 ITEMS PER SALE BETWEEN 21K AND 28K ITEMS OUT OUR DOOR IN 2013 Why buy a restaurant or bar and have 5, 10, or even 15 employee's, and work endless hrs. day and night when you can buy this business and live in a beautiful town with NO TRAFFIC, beautiful hiking and biking, and beautiful mountains all around you. ONLY 2 P/T employee's - Open 6 days - 10:30AM until 5PM What better place to Semi retire to or a great place to buy a business and just come enjoy the small town atmosphere and work 1 or 2 days a week if you desire. The net listed is working just 1 or 2 days a week! A HUSBAND / WIFE TEAM COULD WORK 5 DAYS A WEEK AND ADD ANOTHER $10K TO THE NET INCOME! We are in a tourist town, look up Bisbee, AZ and see the results. Loads of foot traffic and a town on the upswing. We have major events every mo. in this mile high town A favorite destination for thousands of people each mo. - 5,500 people live in Bisbee - 55K people 30 miles away in Sierra Vista - 500K people 2 hrs away in Tucson - and 1.5 million people just 3.5 hrs away in Phoenix. Loads of people are headed to Bisbee for day trips and weekend trips. We are at least 10 degree's cooler then Tucson and Phoenix. While the 111 yr. old historic building isn't included in the sale of the business we do have great terms here. We are in the 2nd yr. of a 5 yr lease at $800 per mo. - we also have 1st option on another 5 yrs. after this one runs out. The landlord has stated he will honor this lease with new owner if they desire. As online sales pick up over the next 1 to 3 yrs you can expect to add another $25K to $50K to your gross sales each yr.. 95% of our business is IN HOUSE sales. Loads of foot traffic and events in Bisbee. We have over 900 customers so far on our company mailing list. Our beautiful website gets between 60 and 100 unique visitors per week (Have proof) Great reviews on "Trip Advisor" and "Yelp"

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Jeffrey L. Vlahovic Box # 895, Arizona, Bisbee
  • E-mail : bisbeeoliveoil@gmail.com
  • Web :
  • Phone : 928-301-0304
  • Company :
  • Listings : 1