Business For Sale Listing 153396
Boutique and Art Gallery
Status as of Dec-1-2008 at 06:00 PM: Sold!
Business Summary
FF&E: $7,950, Inventory: $34,864. This large shop combines an eclectic mix of boutique accessories, such as jewelry, with a wide array of watercolors, oils, photography and more, all from local artisans.
The EXCELLENT LOCATION, large footprint, high ceilings, great natural and electric lighting, along with wonderful merchandizing make this one of the favorite stops along a well-traveled street in this popular seaside town. This award-winning business was started 4 years ago, and the owner needs to sell it to spend more time with her young family.
Below the 2,000 square feet of retail space is a basement about half that size, for storage. There is also one "owner" parking space. There is on-the-street parking and a parking lot across the street to accomodate customers in this tourist town.
Still in startup mode, this business' cash flow improved by 25K over the past year and was close to breakeven last year. Continuing to grow this young business with more aggressive marketing and promotion of the shop will bring its rewards.
The buyer will provided with 30 days of training and support (at no cost).
Categories
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| Location: |
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Industry
Location
Financials
| Sales: |
Under $100 Thousand (74K) |
| Profits: |
Operating at a Loss (-3K) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Less than $100 Thousand (68,000) |
