Established Redemption Center

$99,000

Business description

This steady redemption business has been servicing the area since 1992. Customers like the efficiency and honesty when counting their returns/money. The redemption center’s aim is to be 100% accurate and treat the customer with respect and because of this, 90% of business comes from repeat customers. The owner has seen great results since opening and is confident that someone could take this business to the next level. This is a great opportunity for someone to purchase a long standing business that is prime for expansion.
Craig Church Listing Agent

Craig Church

office: (207) 774-7715
cell: (207) 318-6498

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  • Asking price $99,000
  • Cash flow $45,865
  • Gross Revenue $484,230
  • EBITDA N/A
  • FF&E N/A
  • Inventory N/A
  • Lease Rate $1,800 / Month
  • Established 1992
  • Real Estate Leased
  • Building SF 1,600
  • Lease Expiration N/A
  • Employees 4 FT, 1 PT
  • Facilities 1600 +/- SF with mezzanine storage and office. The facility also offers a drive-up window for easier customer service.
  • Competition This business owns a majority of the market with no major competition.
  • Growth & Expansion The business could benefit from longer hours and expanding local pickup of restaurants and other venues.
  • Support & Training 2 weeks of training
  • Reason for Selling Retiring