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Business For Sale
ESTABLISHED RETAIL WITH LITTLE COMPETITION
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Asking Price: |
$360,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Home Furniture & Furnishings
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Reason for Selling:
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Retire |
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Year Established:
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1981 |
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# of Employees:
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4 |
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Yearly Revenues:
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$701,071 |
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Yearly EBITDA:
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$344,058 |
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Yearly Net Profit:
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$126,207 |
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Yearly Gross Income:
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$701,071 |
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Monthly Payroll:
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$9,360 |
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Total Debt:
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$none |
Business for Sale Overview:
Turnkey 25 year old retail business at same location with continued growth. One owner since the conception of the business. Repeat customer base for new products and acessory items.
Property Features and Assets:
Located at a busy shopping center with 1,900 square feet of space. Inventory stored at a income producing warehouse that owner may consider selling along with business. Location services tri-state area since the business is unique with the products and acessory items that it sells.
Market Competition and Expansion:
Business is the only one its type in New Castle County, Delaware and has little competion. There is room for expansion at current location and warehouse location.
Additional Details:
- The property is leased.
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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