| Asking Price |
$195,000 | Inventory |
$100,000* |
|---|---|---|---|
| Gross Income |
$564,863 | Real Estate |
|
| Cash Flow |
$64,267 | Year Established | N/A |
| FF&E |
$25,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
The business is a long established hobby retail store catering to the needs of the ever expanding hobby market. The company's focus is towards middle and upper end remote controlled cars, planes, helicopters, and boats. Coupled with a large selection of remote control products the company has a full selection of remote parts and a complete remote control service department. Additionally, the business has a large selection of plastic models, new and used Hot Wheels - Matchbox cars, slot cars, and die cast cars. All equipment instrumental to the operation of the business is included in the sales price. The business to include all furniture, fixtures, equipment (per list), $100,000.00 of product inventory, trade name, covenant not to compete, and training is offered for sale for $195,000.00. The seller will finance 10% of the sales price and it is anticipated that bank financing would be available for the balance with a down payment of approximately $30,000.00.
Facilities: The business is located in approximately 2,253+/- square feet of leased space in Albuquerque, NM. The monthly rent is $1903.77 and the current lease expires September 30, 2011.
Competition: The businesses market share is increasing due to the company's reputation for high quality products, competitive prices and timely performance.
Support/Training: Seller is available for training for a period of time.

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