Sell a Business!
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Connecticut Business For Sale |
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| RETAIL LAMPS, SHADES & REPAIRS |
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| Attn: C. J. (Charlie) Vlahos |
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| Greater Danbury, CT, USA |
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| Asking Price: |
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$29,900 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Home Furniture & Furnishings |
| Reason for Selling: |
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Moving out of area |
| Year Established: |
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1985 |
| # of Employees: |
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1 |
| Yearly Cash Flow: |
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$58,000 |
| Yearly Gross Income: |
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$136,000 |
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Business for Sale Overview:
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Check out this price - Inventory is included!! Going Out Of Business sale In Progress.
Business sells designer lamps, shades & interior lighting with custom shade recovery and lamp repairing. Established over 23 years in this upper income town next to Danbury, CT. Current Owner over 8 years. Store hours: Monday thru Saturday 10:00 to 5:00. Closed Sunday. Store operates with the Owner, 1 part-time salesperson and several independent repair men. Sales over $136,000 with Owner Cash Flow +/- $58,000.
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Property Features and Assets:
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Business located in a 1,500 s.f. retail storefront on a main road connecting I-84 in Danbury CT and I-95 in Bridgeport, CT. Business is in a 2 store strip mall with over 25 parking spaces. There is also a 1,500 s.f. dry basement perfect for storage, a secondary showroom and an expansion of the repair shop area. Rent for all this space is $1,980/month including all nets. There is 8 years remaining in this lease.
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Market Competition and Expansion:
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Owner will finance a qualified Buyer with security and 50% down payment.
Listing Price for this business is $59,900 including inventory (+/- $20,000).
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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