Las Vegas
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Listing Number: 101-21482
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Category: Retail
| Asking Price | $395,000 |
| Down Payment | |
| Gross Revenue | $688,815 |
| Total Adjusted Net Income | $131,708 |
| Equipment / Fixtures | $40,000 |
| Year Established | 1995 |
| General Location | Las Vegas |
Ciro 'Vic' Coppola
- Office: (702) 368-2500
- Cell: (725) 221-7571
- License #: BS.0146004
- Permit #: Business Broker Permit BUSB.0007080
- Office: (702) 368-2500
- Cell: (725) 221-7571
- License #: BS.0146004
- Permit #: Business Broker Permit BUSB.0007080
One-of-a-kind leather goods and luggage repair business with loyal Las Vegas strip luxury and entertainment clients. Separate retail and factory locations. Semi-absentee owner works 5 hours per week. Assumption of a $150,000 EIDL loan may be available. Employees are craftsmen with years at this business. Operations include a General Manager. Business is fine tuned for a turn key operation. Customers include retail and commercial accounts – Las Vegas strip luxury retailers and entertainment performers. This business is ready to grow with a new owner adding nationwide repair services developing a web application.
| Gross Revenue | $688,815 | Listed Price | $395,000 |
| Total Income | $131,708 | Down Payment |
| Base Rent | $4,655 | Square Feet | 3650 |
| Total Rent | $5,196 | Lease Expiration | 05/2024 |
| Rent Deposit | $4,448 | Lease Options |
| Inventory | $30,000 | Leasehold Improvements | $0 |
| Equipment / Fixtures | $40,000 | Other Assets |
| Full-Time Employees | 8 | Training Period | 4 weeks |
| Part-Time Employees | Special License Required | Business License | |
| Contract Staff | 1 | Reason for Selling | other business interests |
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.
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