Business For Sale Listing 127368
Retailer with Hot Product Niche
Status as of Dec-4-2008 at 06:05 PM: Active
Business Summary
DESCRIPTION: Location! Location! Location! One-of-a-kind niche store located in a prime retail area! This 19-year old specialty business has a diverse client base from a wide geographic area and a track record of outstanding sales growth. In addition to its main product line it carries a variety of accessories that contribute to its growing sales base. An excellent reputation combined with the attractiveness and growth of the area presents outstanding potential for a new owner. The store has a well-deserved reputation for outstanding merchandise, attractive prices and friendly service.
MARKET & GROWTH: The business' high profile location has a built in customer base of local residents, nearby workers, visitors and students. The store's reputation draws customers from outside the area as well. A commitment to customer service together with quality merchandise and reasonable prices is the key to this store's success. The shopper who is used to "mall retailers" can easily be converted for life once subject to this true specialty store experience. The business is located in a growing area. Even though it has competition in its market, there is still plenty of room for growth. Its superior reputation creates a unique opportunity to increase market share in its core business. An Internet presence and direct mail marketing could greatly increase sales. The current location of the business has ample square footage to accommodate a significant increase in sales.
FACILITIES: The business leases over 6,000 square feet in a highly visible location The eye-catching space has floor to ceiling windows, ample merchandise display area and room for backroom stock storage. It also has plenty of free parking.
PRICE OF BUSINESS: $595,000
DOWN PAYMENT: $595,000
INVENTORY PURCHASE: $50,000
WORKING CAPITAL NEEDED: $10,000
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($825,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($162,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
Pro-forma |
| Asking Price: |
Between $500 Thousand and $1 Million ($595,000) |
