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Business For Sale

INTERIOR DESIGN & FABRIC SALES

Attn: Tim Bullard
Not Disclosed, WI, USA
Listing Number: "4181-165"
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Asking Price: $300,000 USD USA Dollars
Business for Sale Industry: Retail: Home Furniture & Furnishings  
Reason for Selling: Owner wants to start family
Year Established: 2002
# of Employees: 7
Yearly Revenues: $608,299
Yearly Cash Flow: $73,660
Yearly Net Profit: $41,608
Yearly Gross Income: $266,642
Monthly Payroll: $7,644
Total Debt: $144,209
 

Business for Sale Overview:

What every retailer wants: Location, location, location! This store has all three. Located in one of SE Wisconsin's most successful shopping centers in a rapidly growing community of 15,000 people. This home furnishings store specializes in custom made products and accessories that most every homeowner desires. Their niche includes new construction, remodel, and commercial customers with a high level of customer service for the DIY'er. Large modern showroom with tastefully decorated displays that showcase the companies products and services. Owners willing to stay on as employees or will help train during the transition. Neighboring retailers include Ben Franklin Crafts, Ace Hardware, Radio Shack, Brueggers Bagels, and Walgreens. Favorable lease terms until 10/09 and landlord willing to extend lease. New regional shopping center planned for the area which will bring in thousands of new shoppers.


Property Features and Assets:

Part of a very successful shopping center whose tenants include an Ace Hardware, Ben Franklin Crafts, Walgreens,and Brueggers Bagels. Located in 5,000 square feet of space with lease in place through 10/31/09 and owner is willing to extend.


Market Competition and Expansion:

There will be a new regional shopping center coming to the area in 2010 which will increase retail traffic tremendously. The area population has increased by over 2,000 people in the last few years and more to come in the years ahead. Located in an area of high net worth individuals.


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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