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Sunbelt Albuquerque

Highly Successful Four Seasons Retail Business In Albuquerque For Sale

Albuquerque, New Mexico, US
Asking Price:
$1,500,000 Inventory / Stock included
Sales Revenue:
$1,366,509
Cash Flow:
$410,650

This Albuquerque retailer has been helping homeowners bring beauty and functionality to their home for over 16 years. The business represents the industry’s top brands, has been honored multiple times as a regional top-seller, and has an 8,000-strong customer database. Dominating the central New Mexico marketplace, over half its customers are repeat with some drawn from as far away as Oklahoma and southern Colorado. High inventory turnovers produce predominantly 50% profit margins while offering high-quality products at hard-to-beat prices. This business has effectively eclipsed the online and local brick-and-mortar competition. Walk into a well-stocked business with $500,000-worth of inventory and a robust training and transition program, enabling you to begin to make money from day one. This business has been pre-approved for an SBA loan. Also available is a professional, certified Business Appraisal prepared by the nation’s leading provider of SBA-compliant valuations.

To learn more and received our Confidential Business Review, please complete our electronic NDA and Confidential Buyer Profile available at: https://bit.ly/ABQRetail (please copy and paste the URL into your browser).

Facilities:
14,000-square-foot leased venue enjoying a high visibility location in one of Albuquerque’s premier up-and-coming shopping and entertainment districts.
Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: Yes
SBA Prequalified: Yes
Owner worked hours per week: 35
Is Going Concern: Yes

Property Information

Size in square feet:
14,000

Business Operation

Reasons for selling:

Seller is retiring out of state to be closer to family.

Employees:
Part Time: 2, Contractors: 1
Years established:
17

Other Information

Support & training:

At no cost to Buyer, Seller will work with new owner for up to four weeks for a minimum of 20 hours per week. Further details to be negotiated.

Financing available:

Downpayment Required: $233,250.00

Furniture / Fixtures value:
$43,300
Inventory / Stock value:
$500,000 - included in the asking price