Business for Sale Overview:
This children retail/gift store at present give away price is a Steal! Situated in the prime downtown location in the wealth belt of Somerset County. The store with inventory ($20,000), can be purchased for $79,000. Mark up in this retail store is over 400%, average sale is close to $100 – Any purchase at the above price is unreal – since the cash flow is over $85,000 annually in the form of profit within the first year – and still be ahead of purchase price by $20,000. (The inventory) taken over at the bottom out price of $79,000 – some buyer has to benefit themselves with this give away purchase price. Store being sold with a 700 customer list, turned over to new buyer. Owner willing to stay with buyer until they are comfortable. Seller has over 20 years experience in retail business and can be counted on for advice. Clothes/gifts from infants to 8 years of age.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,000 square feet. Two floors laid out by owner who has 20 years in retail business. Everything is new in appearance 10 car parking in rear. Prime down town location. Present owner can get buyer 2 five year options on great leasing price.
Market Competition and Expansion:
Expansion possible in many ways – advertising, more hours getting into children gifts not carried at present time.
Reason for Selling:
owner has received great job offer
Additional Details:
- The property is owned.
- The owner is not willing to train/assist 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.
Resources: