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Business For Sale
TILE AND STONE STORE
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Asking Price: |
$650,000
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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Personal |
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Year Established:
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2003 |
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# of Employees:
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3 |
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Yearly Revenues:
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$870,000 |
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Yearly Cash Flow:
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$200,000 |
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Monthly Payroll:
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$14,000 |
Business for Sale Overview:
This profitable and well established Fairfield County store is fast approaching one million in sales. As one of the first stores of it's kind in the region it has built an outstanding reputation with contractors and the general public alike. They do not perform the installation preferring to refer quality subcontractors. Beautiful bright showroom, lot's of traffic (people and cars)and plenty of parking. Approximately $25,000 a/r is included as is the truck.
Property Features and Assets:
Four years remain plus an option for 5 additional years. Landlord is willing to extend beyond these terms.Present rate is $4,000/month triple net. Excellent retail location with loads of parking and 20,000 cars per day pass by. Owner spent $100,000 to build out this very attractive space.
Market Competition and Expansion:
Well known and highly visible store with a great reputation and very little competition in this fast growing 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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