Sell a Business!
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Michigan Business For Sale |
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| GENERAL MERCHANDISE STORE CHAIN |
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| Attn: Randy |
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| Not disclosed, MI, USA |
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| Asking Price: |
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$1,000,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Non-classifiable |
| # of Employees: |
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6 managers + employees |
| Yearly Revenues: |
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$2,700,000 |
| Yearly Cash Flow: |
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$200,000 |
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Business for Sale Overview:
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The Company is a Midwest-based variety store dealing in general merchandise. The company offers a mix of unique, timeless gifts, along with basic staples and fun items, such as bulk candy. The Company has six locations for sale in a package deal or as separate transactions. The oldest of these locations was established over 11 years ago. Each location has a separate manager, and the owner of the Company is willing to remain with the Company to insure a smooth transition to the new ownership.
The Company is also involved in a buying agreement with other retail stores to buy products at wholesale, thus keeping costs for each individual store at a minimum.
Since 2003, sales has ranged between $2,600,000 and $3,400,000 and cash flow has ranged between $200,000 and $405,000.
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Property Features and Assets:
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6 store locations available for sale or lease. |
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Market Competition and Expansion:
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To purchase a group of stores, some of which have established locations since 1996. One of the newer locations is not performing as well as the others and could be closed to improve overall profitability of the Company. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be 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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