
Happy Valentine’s Day
Find a Business You LOVE !!! We have TONS of New Listings
But First, A Financing Update…
“Deals are getting financed!! Not all of them and not always at the terms originally agreed upon, but banks are at least evaluating loan packages. Some banks, like Wells Fargo, well represented by Scott Foster, are aggressively seeking deals and giving fast response times to “go” or “no.” Local community banks are getting more involved with the SBA process and tying it to existing conventional purposes. “Out of town” banks are also slowly re-entering the marketplace. Are things back to normal? Far from it. While it may seem that things are moving at glacial speed, it’s still a big improvement on the mass retreat we’ve experienced.”
Rosemary Mohl, Funding Brokers of Scottsdale Inc.
(480) 661-7508
New Listings
N665 – New Laundry Business in Tempe
This 4,500 SF laundry was moved to the present location to fulfill the needs of the area market. The seller has completed the construction and is now seeking an owner operator. The financial cash flow numbers of $336,580 annual receipts and $125,714 cash flow are proforma and are based on national performance in similar markets. This business also has a contract with ASU for students’ laundry. The equipment the customers use includes 43 washers of various sizes and 32 very efficient dryers. Asking $419,000.
Contact Dave Miller at 480-223-1234 Ext. 13 or miller@sunbeltnetwork.com
N699 – Established, Well-located Assisted Living Home in the East Valley
Warm and cozy, Assisted Living Home licensed for 10. Great open, 2,918 SF floor plan with 6 bedrooms and 3 baths. Many private areas for visiting or just relaxing inside and outside. This home features an exercise walking path in the back yard, great staff, sprinkler system, cable TV in all resident rooms, and soaring vaulted ceilings. Offered at $495,000.
Contact Barb Elliott at 602-206-3447 or 480-223-1234 Ext. 16 or barbelliott@msn.com
N700 – Well Known Casino Gaming Service – Arizona Territory
This home-based casino gaming company works with hotels and businesses such as churches and many non-profit organizations to provide a casino setting at their location. This company has all the equipment to come in and set up a casino event with all the different games with dealers that play for play money only. They have hundreds of repeat customers here in Metro Phoenix such as the airlines and hospitals. Present owner lives out of state and is not able to build the business back up after the economic slow down of the last year. They have a great web site and all the setup people and dealers are in place to do the parties. Asking $225,000. Seller may consider some carry back with approved buyer.
Contact Gary Morford at 480-223-1234 Ext. 34 or gary@sunbeltnetwork.com
N703 – Phoenix Laundromat – Asset Sale
Laundromat located on a main road in an older Phoenix area. This store is unattended and could make a great second source of income. The equipment was installed new in 2003. This business is a great opportunity to acquire a business with few to no employees, requires minimal time from the owner and has no accounts receivables. All equipment including vending machines is included in the sale. The store has closed and the seller is selling the assets of the business. The landlord will create a new lease for a buyer. Priced at only $45,000.
Contact Mark Svancara at 602-290-3464 to schedule a time to see the business
N707 – Franchise Auto Repair and Oil Change – East Valley
This Auto Repair & Oil Change Franchise has a great location in the East Valley. Terrific opportunity to receive 2-4 weeks of training, depending on buyer’s background and one week of in-store training. Buyer can be up and operating in 2-6 weeks. Management and/or sales experience background not required. They seek high-energy individuals who enjoy the retail aspect of the business and relish in the concept of owning and operating a local and community-oriented business. Function of owner/daily tasks: Depending on the franchisee, some are involved in the business, servicing customers, preparing customers, and managing business. Others are semi-absentee and may pick up bank deposits or work outside marketing efforts. Franchisor support: Initial training, on-going support, help lines, field support, annual meetings, advertising, central purchasing, etc. If you bought a new franchise of this brand it requires an initial investment of approximately $200,000 to $240,000. This facility has approximately 2,500 square feet and 5 bays, with 2 underground pits. The price of this opportunity is $129,330. A great price!
Contact Barb Elliott at 602-206-3447 or 480-223-1234 Ext. 16 or barbelliott@msn.com
N708 – Baby Equipment Rentals
This is a home-based baby equipment rental business that carries all the items needed for people visiting the Phoenix/Scottsdale Metro area. The company has a web site that shows all the items and the price of each. Simply click and add the items to your cart and it will be delivered to your door at the time you requested. This company has a huge potential if the new owner wants to expand the product line since they sell out often. Present owners have full time jobs and just respond to e-mails and deliver mostly on weekends and evenings. The web site is easily maintained and modified. Owner will train as needed. Asking $40,000 and owner would consider some carry back with an approved buyer.
Contact Gary Morford at 480-223-1234 X34 or gary@sunbeltnetwork.com
N710 – Well Located Assisted Living Home, Licensed for 9
Opportunity Time!!! Buy this Assisted Living Business & Lease the real estate. 2,664 SF, 5 Spacious Bedrooms, 2 baths with roll in showers, Licensed for 9, with 9 residents, Fully Staffed, Located near hospitals, Churches, Doctors offices. All furniture, equipment, inventory, contracts, bedding, brochures, procedure manuals, washer, dryer, refrigerator, outdoor furniture etc. included. This is a great turnkey opportunity. Asking $95,000.
Contact Barb Elliott at 602-206-3447 or 480-223-1234 Ext. 16 or barbelliott@msn.com
N711 – Retail Boutique for Women and Children
This boutique has established a great reputation for high quality, top brand merchandise over the past four years. It offers children’s and adult apparel, furniture, artwork, bedding, diaper bags, accessories and nursing supplies. There previously was a retail location in Gilbert, but with the economic slow-down in the past year, all merchandise has been moved to a storage building and owners are doing repeat customer sales by offering Trunk Shows two days per month and some internet sales. The web site is very well designed for easy ordering. A mini-version of the store is set up in the storage facility for customers to shop. The business could be grown back into a retail location. Purchase price of $45,000 includes inventory plus retail display fixtures, mannequins and furnishings, etc. Owner will assist in training as needed.
Contact Gary Morford at 480-223-1234 X34 or gary@sunbeltnetwork.com
N715 – Web Design and Maintenance
Included in the sale is a proprietary accounting system, that is customized to auto bill and co-ordinate hosting along with invoicing and credit card billing. Customer list includes about 200 clients, of which approximately 100 are active. This is a web hosting and website design and maintenance company. The business model is based on offering webhosting at near cost, to create a larger customer base. This larger customer base creates an existing, positive relationship for repeat business of such “up sell” offers as our website maintenance and website design services. For most small businesses, creating a relationship with a website company willing to do the trivial, regular updates needed to keep a website current is difficult. This business fills this niche for them. With the focus on customer service, the business gets repeat business and referrals from existing customers. By taking advantage of a lack of service providers with this offering, this business has filled an industry need. With almost 10 years in the business, this business is a stable company with name recognition among many. Offered at only $37,000.
Contact Loyd Rhyne at 602-284-7617 or loyd.rhyne@sunbeltnetwork.com
Bob Holloway’s Businesses
Contact Bob Holloway at 480-888-0550 or bobsbiz@cox.net
N698 – Full Transmission & Auto Repair Shop in Mesa
Seller opened this 1,800 SF location on October 1, 2009. Advertising is bringing in lots of business now. Seller is planning on starting a franchise using the name Allstate Transmissions & Auto. The new owner will be able to keep the name for this location. Business offers a 12-month, 12,000 mile warranty. Income for December 1 to 31, 2009 was $23,807 with $9,908 cash flow. Seller will help new owner to build business to increase sales to $70,000 per month. They have 7 commercial accounts. Property is available for sale. Asking $148,500 with terms.
N701 – Apartment Building in Mesa – 110 Rooms
This apartment could be turned into condos. The area is still in growth mode. Cash flow for 2008 was $256,819. Business is about the same as last year. There is an equipment lease for 12 washers and 10 dryers. The new rail system from Mesa to Apache Junction will be constructed in 2012-2015. Sale is based on bank appraisal value agreed upon by Seller and Buyer. Owner is his own competitor, so they can send to their other motel or apartment when full. Asking $8,060,000.
N702 – Motel Apartments in Mesa
This motel and/or apartments is in an area of still growing mode. 2008 cash flow was $165,195. Business has slowed some this year. The new rail system from Mesa to Apache Junction will be constructed in 2012-2015. Sale is based on bank appraisal value agreed upon by Seller and Buyer. Owner owns two motels, two apartments, and can send customers from one to another when full or customer wants lower price. Offered at $4,360,000.
N704 – Apartments in Mesa – 32 Rooms
These apartments are located in an area that is still growing. Cash flow for 2008 was $152,634. The new rail system from Mesa to Apache Junction will be constructed in 2012-2015. Sale is based upon bank appraisal value agreed upon by Seller and Buyer. Owner is retiring, and owns two motels and two apartments within one mile. Asking $1,700,000.
N705 – Motel Suites in Mesa – 70 Units
These motel suites are located in an area that is still in a growth mode, though slow some of this past year. 2008 cash flow was $252,407. The new rail system from Mesa to Apache Junction will be constructed in 2012-2015. Sale is based upon bank appraisal value agreed upon by Seller and Buyer. This motel oversees owner’s two motels and two apartments and can shift customers around to other locations to keep full. and Asking $3,350,000
N706 – Auto Body – Paint & Special Add-ons in Phoenix
Seller wants to sell the one-acre of real estate, but would consider a lease to the right party. Two buildings: 4,650 SF and 4,370 SF. Purchase price for the real estate is $950,000. Buyer to qualify with lender. Seller has approximately 25 accounts, most here 20-plus years. 20-plus accounts are fleets. 2009 cash flow of $201,629. This business is offered at $375,000.
N709 – Unique Products & Tools Sold to Auto Dealers
The company has products proven successful by General Motors after testing 20 cars at a $1,500,000 cost. There is the added value of tools and drawings of $70,000, and trade copyrights of $180,000 for a Total Asset Value of $1,812,000. These trademarked products are used for improvement and performance of old and new cars, increasing gas mileage as well as performance. They manufacture tools to place the products in the engine at auto dealers and quality auto repair shops. Buyer must have strong business and marketing skills to advance the business nationally and move into possible franchise in major cities. One franchise company is willing to develop company with the right buyer within 9 months. Most sales are now in Canada. Proforma income for the next year, for a new owner is projected to be $637,500 gross with $187,515 in net profit. Asking $290,000.
RESTAURANTS FOR SALE
Freestanding, Closed Restaurant with
Patio & Drive-thru, Real Estate Included
2103 W. Guadalupe Road, Mesa (SWC Guadalupe & Dobson Roads)
PRICE REDUCED, SELLER FINANCING on this closed 3,000 SF restaurant. Absolutely Gorgeous! Complete remodel inside and out. All new equipment, tables, chairs, booths, counters, and fixtures. Located at extremely busy intersection, this free-standing building sits on approximately one acre of property in front of a large strip center. 2006 major remodel included replacement of roof and all A/C units. Has drive-thru and beautiful patio area. Great investment opportunity. Seller financing available to qualified Buyers with only 10% down – Subject to credit check and adequate collateralization. Specific terms of the note are negotiable. MUST SEE! Offered at $995,000.
Contact David Miller at 480-223-1234 Ext. 13 or miller@sunbeltnetwork.com
N691 – Historic #12 Restaurant in Phoenix
This Historic Restaurant has been in operation since the 1940′s, offering casual dining breakfast and lunch restaurant. #12 liquor license and extended banquet hours for private parties. The sellers are also popular caterers. The restaurant has been updated and is fresh, sunny and comfortable complete with aviation decor. Great view of the runways from the restaurant and the lookout deck upstairs. Very good cash flow business with a spectacular lease agreement. Priced at $275,00.
Contact Loyd Rhyne at 602-284-7617 or loyd.rhyne@sunbeltnetwork.com
Sunbelt can make your dreams of owning a business a reality. Let our trained professionals show you how. Contact us today and find out why Sunbelt is the place to go to buy or sell a business.
Best Regards,
David Miller, Owner
Sunbelt Business Advisors, LLC
4801 S. Lakeshore Drive, Suite 201
Tempe AZ 85282
Office: 480-223-1234, Ext. 13
Fax: 480-223-4249
E-mail: miller@sunbeltnetwork.com
Web: www.SBAtempe.com