Rent To Own buisness For Sale
Date Posted : 2012-05-01
Group : Business Commercial By Owner
Have a rent to own store ( like aarons or rent a center) for sale. Have $110,000.00 in accounts receivable and about $15,000.00 in idle inventory. Plus a view signs, fixtures etc. It is a small store but are profitable every month and very littel overhead. Just wanting to sell this location to clear some debt. We rent furniture, electronics, computers, etc for weekly or monthly payments and if they dont pay we repo the stuff and re rent it. We have about $110,000 owed to us now. Usually these stores sell for 65% of accounts receivable plus idle inventory and other assets. That would put this one near $90,000. Asking $89,000 but I will take less for a serious buyer. It is in Cleveland, Ga. in the Subway shopping center if you want to take a look. It is Hometown Rental Purchase. Not a huge store but it has low overhead and I guarantee it profits! ALSO HAVE A LARGER STORE THAT I WOULD SELL BY ITSELF OR BOTH TOGETHER. The larger store is about 3 1/2 times larger so price is in a different ballpark but we could talk. Like I said just looking to clear some debt and some stress.