Profitable Restaurant Bar & Grill in Canton Area
This well-established bar and grill has a perfect location in a cozy downtown area with very little competition. There is a second story deck that overlooks a river and bridge with seating for 40. In the summer, they have cornhole and jumbo Jenga for their patrons to play while enjoying dinner and an adult beverage. They are a family friendly casual dining restaurant that serves wraps, salads, steaks, ribs, gourmet burgers and more. They have 10 beers on tap and a full D-5 license. This restaurant has live music every Saturday night with local bands from Akron/Canton area and surrounding counties. This restaurant is closed on Sundays, so there is room for growth if opened 7 days a week or continue as is and enjoy a guaranteed one day off a week. The building is owned by the business owner and they are willing to sell or will offer a reasonable lease rate for the new owner. If you have dreamed of owning a restaurant, this is a perfect opportunity.
Asking Price: $249,000 Sales: $705,000
EBITDA: $110,000 Cash Flow: $165,000
Akron Area Transportation Company
This company has been in business for over 20 years and has 6 dedicated routes in the Akron area. They have five full-time CDL drivers and they operate full-size tractor trailers for local business pick up and deliveries. There are opportunities to expand the business by acquiring routes for home pick up and deliveries with box trucks or vans. The company owns six tractors and lease their trailers from company they run the dedicated routes for. This is a steady business with opportunities to expand especially with Amazon recently adding a facility in the local market.
Asking Price - $295,000 Sales - $535,000
FF&E - $129,000 Cash Flow - $90,000
Growing Landscaping Company
This company was established in 2003 as a side business and was very manageable until the explosive growth in the last couple years. It has become too large to run as a side business and the owner wants to simplify his life and focus on his career and family. This business has about 80 lawn maintenance accounts and 50-55 snowplowing accounts. In addition to the above services, they provide the following services like most landscapers: spring and fall cleanup mulching, weeding beds, bush and tree trimming and small landscaping installations. All their accounts are within 6 miles of their shop, which makes it easy and cost effective for the company. This business can be sold with accounts only or the price below includes the equipment and account base. Sales are up about 15% over last year and the profits are better too. Below are the average sales and cash flow for the past two years.
Asking Price: $69,000 Sales: $122,000
FF&E: $34,500 Cash Flow: $23,000
Direct Mail Marketing Company
This direct mail marketing company has been in business for over 25 years and has a well-established customer base. They have never had a salesperson and all their business is word of mouth and referrals from happy customers. This company provides the following services: database management, CASS, NCOA, merge-purge, presorting Standard, Nonprofit, First Class mail, inkjet, inserting, digital printing and commercial print brokering. The client base is very diversified and includes the following: universities, government agencies, politicians, restaurants, car dealerships, manufacturers, trades, private schools, etc. This has been a very successful business for many years and owners are looking to retire.
Asking Price: $249,000 Sales: $829,000
FF&E: $15,000 Cash Flow: $131,864
Successful Pizza Franchise in Lake County
This pizza franchise has been in business for 18 years and has always been profitable. The owner has been absent from the business in the past 10 years and it has been run by the general manager. They have a very strong carry-out, residential delivery and commercial delivery business with a huge upside for the dine in business. This restaurant has many long-term loyal employees with a very strong customer base, which has been able to thrive in the competitive take-out and delivery business. The restaurant in located in a visible and busy shopping center on a main corridor. If you have dreamed of owning your own restaurant, this is perfect opportunity buy a business that is cash flowing from day one and very low risk. The cash flow will be explained after there is a signed NDA in place.
Asking Price: $139,000 Sales: $513,000
FF&E: $100,000 Cash Flow: $59,000-$110,000
Custom Manufacturing Company with Steady Growth
This company located in NE Ohio has been in business for 10 years and they have shown steady growth over the years. They are a custom manufacturer of vanities, bathtubs, window sills and showers using cultured marble. They use a combination of polyester resin and ground limestone to create beautiful products to fit any home or business. They have not done standard sizes because they have been growing their business with just the custom designs. The company could easily be expanded by offering more standard sizes for vanities and other types of uses. The manufacturing plant is not at full capacity now and they are running one shift. There is still room for growth on the first shift and can be expanded to two shifts when necessary to keep up with demand. This is a great opportunity for an entrepreneur who wants to own a manufacturing company with huge growth potential.
Asking Price - $225,000 Cash Flow - $70,000
FF&E - $105,000 Sales - $590,000
Established & Profitable Glass Company
This profitable company specializes in production, sale and installation of residential and commercial/retail glazing products, tabletops, shower doors, storms and replacement windows and doors. The company’s list consists of apartment complexes, restaurant chains, convenience store chains, builders and government entities. The company has been in business since the 1940’s and current owner bought in 1986. This business has great upside potential for an entrepreneur who wants to expand their knowledge of the glass industry by building long term relationships with the current customer base and new customers.
Asking Price: $99,000 Cash Flow: $78,000
FF&E: $43,000 Sales: $225,000
Shooting Range & Gun Shop
This company has been in business for 2 ½ years and they have established a strong customer base. They sell firearms and accessories in their retail store and online. They offer in-depth, safe, professional and high-quality firearms training, including CCW training. The instructors are certified professionals who are passionate experts of their craft and have the ability to train the most novice to the most experienced students. The shooting range features a number of high-quality lanes which provides an unmatched customer experience. They offer monthly memberships which provide residual income throughout the year. They have a “Member’s Lounge” where the members can relax in plush, comfortable leather couches by the massive fireplace and enjoy a cup of coffee with friends. This modern shooting facility is the cleanest and safest range in Northeast Ohio. If you have considered opening this type of business, you understand it would cost well over one million dollars to build out a space like this. This business is lacking leadership because the owner is absentee and has three other companies that he is running. He does not have the time needed to drive sales and capitalize on opportunities. This is a great opportunity for a gun enthusiast with the dream of being an entrepreneur. The building is available for purchase or lease.
Asking Price: $499,000 Sales: $700,000
FF&E: $400,000 Cash Flow:
Thriving Physical Therapy Clinic
This physical therapy business has been profitable and thriving for 26 years southeast Ohio. There are three offices strategically located 30 minutes apart from each other. The founder of this clinic has a unique approach to physical therapy and rehabilitation that has enabled the business to survive and thrive in a difficult and competitive market- place. The owner is willing to train the new owner in the unique treatment approach, methodologies and business strategies that have made this business the best in the area for care. They are a Physical Therapy Medicare Certified Rehab Agency, which means they are not subject to outpatient physical therapy reduced payment rules for PTAs. This company is contracted with 98% of all regional insurances and Medicare, Medicaid, Military and others. They have an excellent staff of office managers and three highly skilled PTAs and the owner is a certified physical therapist.
Asking Price: $349,000 Sales: $506,000
FF&E: $79,600 Cash Flow: $178,000
Well Established and Profitable Landscaping Company-Sale Pending
This company was established in 2007 in the Greater Akron Area and they have a great reputation in the area. They offer a variety of services that includes snow removal, salting, lawn mowing, lawn fertilization, landscaping, core aeration, spring and fall clean up, tree trimming and tree removal. The business has grown by an average of 10% over the past two years and is looking to do about the same for 2019. This company services HOA’s, commercial and residential customers in a middle to middle upper-class area. This business can be sold with accounts only or the price below includes the equipment and account base. Below are the average sales and cash flow for the past three years. This business has been SBA pre-approved individual buyer or a business acquisition for a similar company in the industry.
Asking Price: $325,000 Sales: $570,000
FF&E: $160,000 EBITDA: $128,504
Cleveland Area Heating & Cooling Company-Sale Pending
This northeast Ohio company has been in business for over 20 years and they serve Cuyahoga county and surrounding areas. They provide homeowners and residential property owners with comprehensive heating, ventilating and air conditioning (HVAC) programs to provide optimal comfort, reduce operating costs, minimize equipment breakdowns and extend systems' lifetimes. They have a trained team of technicians and office support that offer outstanding service, preventive maintenance, repair and installation of residential HVAC systems. This company’s strength is its established credibility in the community. This business provides a team focused on customers' true needs, installing quality products, training employees in state-of-the-art procedures and designing systems to ultimately increase comfort and satisfaction for each customer. Customers are presented choices to decide which system or service best fits their application. They have kept with technology by offering descriptive sales presentations through special software, all billing is done through in-field iPads, and interactive software provides technicians with access to all previous work, contracts, and recommendations for each customer. The owner is looking to retire and would like to sell before the heating season gets into full swing.
Asking Price: $249,000 Sales: $552,000
FF&E: $18,000 Cash Flow: $112,000
Convenience Store & Check Cashing Business - SOLD 6/12/19
This Stark County convenience store has been in business since the 1960’s and has always been busy. They offer beer, wine, tobacco and all the usual convenience store items. They offer check cashing and have steady clientele every week. They have an ATM and the store has a strong reputation with steady sales and cash flow. The building can be leased or its available for purchase. The price excludes the inventory.
Asking Price - $74,900 Cash Flow - $70,000
FF&E - $30,000 Sales - $400,000
Akron Commercial & Residential Plumbing Service ***SOLD 11.29.18***
Well established plumbing service that has been in business in the Akron area for 40 years. This business has provided a good financial lifestyle for the owner for many years and is ready to retire and pass the business on. This is a plumbing service company that does service repair work only, no new construction. They service many of the large property companies in the Akron area. The owner manages three qualified plumbers and the owner is hands on as well. The business comes four vans and all the tools and equipment needed to operate the business.
Asking Price: $275,000 Cash Flow: $115,500
FF&E: $50,000 Sales: $400,000
Business Transition Specialist