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Business For Sale
FAIRHOPE DOWNTOWN RETAIL SHOP
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Asking Price: |
$98,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Retirement |
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Year Established:
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1993 |
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# of Employees:
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1 PT + Owner |
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Yearly Revenues:
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$130,424 |
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Yearly Cash Flow:
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$24,866 |
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.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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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