This successful locally owned art supply store has been operating for 11 years and has an excellent selection of retail products. The owner has been selling art supplies and materials for 45 years and is a go to spot for any type of artist’s needs. This retail store is open 6 days a week and has one part-time employee. The owner/manager works 40 hours a week. This is a retail store and an INCOME PRODUCING SPACE AS WELL. So, with the wonderful retail store automatically get a paying tenant and enjoy the income! The location is wonderful, close to a popular downtown arts district along with food and other retail stores. Plenty of parking spaces in front and behind the store. The space is in great shape, has a new roof and the air-handler up to date. Low rent and wonderful space for a great retail owner.
- Asking Price:
- $125,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $191,700
- Cash Flow:
- $36,831
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: $2,200
Terms & Options: 3 yr
Expiration Date: 9/24/2024
- Location:
-
Martin County / Treasure Coast / Southeast Florida
- Premises Details:
-
Building Type: strip center
Square Footage: 2,200
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 1
- Years established:
- 11
Other Information
- Support & training:
-
Seller will train buyer for two weeks at no cost to buyer
- Furniture / Fixtures value:
- $13,228 - included in the asking price
- Inventory / Stock value:
- $70,000 - included in the asking price
