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Business For Sale
BEAUTIFUL NATIONWIDE AWARD WINNING RETAIL STORE
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Asking Price: |
$200,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Pursuing other interests |
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Year Established:
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1978 |
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# of Employees:
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3 |
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Yearly Revenues:
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$360,000 |
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Yearly Cash Flow:
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$42,000 |
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Yearly EBITDA:
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$42,000 |
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Yearly Net Profit:
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$42,000 |
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Yearly Gross Income:
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$280,000 |
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Monthly Payroll:
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$6,000 |
Business for Sale Overview:
This 30 year old store has been awarded many distinctions nationwide and citywide throughout the years. The company sells contemporary hand crafted items and beautiful artwork ranging from twenty dollars to several thousand of dollars, attracting an upper middle to a very affluent demographic. Existing customers have been shopping with the store for many years which has allowed it to garner an extremely loyal customer base. Advertising is mainly through word of mouth and magazines review which has allowed the business to thrive. The company has contracted with over 850 artists for the past 30 years. Any buyer attempting to build a type of business such as this one from the ground up would be faced with many challenges. Together, with its solid reputation and the high barrier of entry makes this business even more valuable than its physical assets. The company offers custom gift wrap and boxing (all hand crafted) for the customer, this personal touch has added to the appeal of the business.
Property Features and Assets:
Beautiful retail 1,000 square feet store in excellent historic location downtown. Real estate is not owned.
Market Competition and Expansion:
There are no direct competitors within a ten mile radius. The store's products are so unique and eclectic that one can argue it may be the only one of its kind in the Dallas area.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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