Tiffin, Ohio— The Tiffin-Seneca Economic Partnership (TSEP) announced Monday that the owner of a successful Seneca County service business is considering retiring and selling the business.
Detailed information on this opportunity, codenamed “Project Clickspring”, can be found on TSEP’s “Entrepreneurial Opportunity Clearinghouse” at tseoc.org. The opportunity will remain open until May 9, 2022.
The business owner, who wishes to remain anonymous at this time, is looking to sell the business as soon as possible. The owner is asking for $83,000 for the business and about $8,000 for equipment and supplies.
Last year, the company made about $150,000 in revenue with a profit margin of about 40%. There are currently eight full-time employees on staff, according to TSEP. The seller may be able to help the buyer finance the purchase. Following the purchase, the seller is willing to help the buyer find his way around the business.
Tiffin Mayor Aaron Montz declared his support for the project. “The Entrepreneurial Opportunity Clearinghouse has already produced several successful sales that have kept businesses in our community. I’m thrilled to see the entrepreneur stepping forward to run this business. »
Eligible parties may include individuals wishing to manage and/or own the business, but need not 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 who do not want to run the business but would be willing to invest if a capable entrepreneur and business manager could be found.
Interested parties should contact Adam Gillmor, Development Coordinator at TSEP, at email@example.com, or by phone at (614) 725-8086.