This is a rare opportunity to own a very profitable and fun business which requires little day-to-day involvement on the part of the owner. Retail stores located in affluent and growing communities. The business has a long history of success which is demonstrated by both a loyal and tenured staff, and a strong and diverse customer base. The seller is looking to retire and sell the business to a new owner to continue the legacy of customer satisfaction and financial growth which she has architected.
- Asking Price:
- $795,000
- Sales Revenue:
- $1,853,594
- Cash Flow:
- $286,230
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Both stores are leased locations offering all the necessary amenities for success.
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
The business’ on-going efforts will continue to provide growth. In addition, the owner has a limited online storefront and has not focused on expanding the online channel as a revenue stream. This could certainly provide a growth opportunity.
- Competition / Market:
-
Being a retail business, there is some limited nearby competition, but the specialty nature and well-earned reputation of this business differentiates this business significantly from its competitors, regardless of their proximity, near or far.
- Reasons for selling:
-
Retiring
- Employees:
- 13
- Years established:
- 1982
Other Information
- Support & training:
-
Seller is willing to remain for a transitional training period to ensure a smooth ownership transition. Details to be negotiated.
- Financing available:
-
Negotiable, with substantial down, fully securitized note, personal guarantee, and seller’s approval.
- Relocatable:
- This business can be relocated
