Owner Financing is Available
Business for Sale Overview:
Price Reduced for this great little specialty retail shop in the heart of Fairhope which has been in business for 14 years. The owner is retiring. The shop operates from an attractive leased location of 1,900 square feet. In its last pre-hurricane year, the store did a gross volume of $301,000 with a cash flow to owner of $114,000. The business was hurt, like all of Fairhope, by the hurricanes but the area is now strongly recovering. In fact, Baldwin County was named recently by a respected economic reporting service as one of the strongest local economies in America. Invest in this business and live in one of the most stunningly beautiful areas of the country with many points of local interest, wonderful dining and shopping and an outstanding educational system. Possible owner financing is available to a qualified buyer.
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:
The business operates from an attractive location in the heart of the Fairhope downtown shopping and restaurant area. The location is leased from an unrelated third party for a very reasonable monthly rent.
Market Competition and Expansion:
The Baldwin County market was recently ranked by Policom, a firm that studies local markets, as the 11th strongest micropolitan economy in America and the number one local market in the 6 state region! This is out of the 674 local markets studied by Policom.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.