Tiffin Retail Business for Sale
About: A successful, profitable retail business within the City of Tiffin that has been in operation for over x years is currently for sale. The owner is looking to sell all components of the businesses including inventory, equipment, information, employees, etc. as well as to sell the property itself which includes a 3,700 square foot building and parking lot. The owner is ready to retire but would love to see the business continue, and they are even willing to provide some transitional mentoring and training to assist a young entrepreneur who may be looking to learn on the job.
- Potential Earnings: Estimated annual profit is $110,000.
- Support: The current business owner could potentially provide mentoring
- Capital/Costs: This business can be purchased for $250,000. This is a turn-key opportunity and would include everything from the inventory, equipment, customers, employees, etc.
- Equipment/Space: The building currently housing the business can be purchased for $300,000. This includes the property’s parking lot. The owner is willing to consider leasing the property to the new businesses owner until they are willing to purchase it.
- Timing: Reach out as soon as possible. (Listed on 8/31/2021)
How to Get Started
- Fill out this short form (survey monkey link below): TSEP staff will review your information and connect with you within 3 business days.
- Find small business startup resources here (link to tsep web page). Contact TSEP to discuss additional resources and support available to help new business owners.