Company is asking $349,000 for business and real estate.
TIFFIN, OHIO – Wednesday, April 10, 2024 – Tiffin-Seneca Economic Partnership (TSEP) announced today that the owner of a long-standing Tiffin-area consumer service business is planning and to sell the business and real estate. Detailed information about this opportunity, codenamed “Project Valiant,” can be found on TSEP’s “Entrepreneurial Opportunity Clearinghouse” at tseoc.org. The opportunity will remain open from now until June 10, 2024.
The business owner wishes to remain anonymous at this time and is seeking to sell the business as soon as possible. The owner is asking $140,000 for the business and $249,000 for the real estate. The business operates on a rental model and generates approximately $50,000 in rent annually serving a loyal clientele.
The business is located in a 1,300 square feet space which was last remodeled in 2021. There are nine rentable spaces, eight of which are currently filled. One space is currently filled by a commercial tenant serving complimentary clientele.
Eligible parties may include people wanting to run and/or own the business, but don’t have to be both. The Tiffin-Seneca Entrepreneurial Opportunity Clearinghouse (TSEOC), launched in April 2021, is designed to facilitate the flow of entrepreneurial talent and capital to new business start-up, franchise, and business acquisition opportunities. There may be investors that do not want to run the business but would be willing to invest if a competent entrepreneur and business manager could be found. Interested parties should contact Adam Gillmor, Development Manager at TSEP, at gillmor@tiffinseneca.org, or by phone at 419.447.3831.
About the Tiffin-Seneca Economic Partnership
Started in 1983 as the Seneca Industrial and Economic Development Corp. (SIEDC), the Tiffin-Seneca Economic Partnership is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on in Tiffin and Seneca County at www.tiffinseneca.org.
