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Business For Sale

THIS ANTIQUE MALL IS A PEARL IN THE OCEAN

Attn: LOREN MARC SCHMERLER
Metro Atlanta, GA, USA
Listing Number: "1040690"
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Asking Price: $900,000 USD USA Dollars
Business for Sale Industry: Retail: Non-classifiable  
Reason for Selling: To move closer to ailing parents.
Year Established: 2003
# of Employees: 2 FT , 3 PT
Yearly Revenues: $1,297,573
Yearly Cash Flow: $321,072
 

Business for Sale Overview:

This Antique Mall Is A Pearl In The Ocean Waiting To Be Discovered! *** Read my lips. This is a cash business. I repeat, this is a cash business. I will continue to remind you throughout this ad. 35-50% of the mall s business is done on the website. The website statistics for this antique mall are STAGGERING! 542,324 UNIQUE VISITORS during 2007. 145,534,811 HITS during 2007. The mall ships to more than 26 countries and every state in the U.S. There are 86,000 dealer items in the mall's inventory, totaling approximately $3.5 million. 28,000 items have been sold since the mall opened. There are 7,194+ regular customers on its mailing list. The business has an extensive research/reference library. The mall has a Digital Photo Lab complete with cameras, lighting, cards, lenses, backdrop, etc. There is Web Shop Manager as the inventory control system and SOS point of Sale Software. Inventory includes: Nippon Dresden/Meisssen Porcelain; Loetz, Tiffany and Steuben Art Glass;; Rookwood, Gordy, Roseville & Weller Pottery; Chase Art Deco; Marx Cheiu, Tootsietoys, Dinky, Gorgi, Minic Toys. Items of particular interest include a $25,000 Tiffany lamp, a $24,000 pair of carved elephant tusks, a $13,500 Nippon urn and pieces of Gordy Pottery worth $10,000, $7,000 and $5,000. In conclusion, this is a cash business in case you didn t get the message throughout. Sales have increased by 300% since 2003 going from $417,725 to $1,294,758. THERE IS NO RECESSION AT THIS MALL!


Property Features and Assets:

10 year lease with 3 year option to renew. 10,460 sq. ft. of retail and warehouse space. Current rent is $4,453/mo. CAM is $558.45/mo. Lease commenced January 1, 2003 and expires December 31, 2012. Dealers can lease showrooms or showcases.


Market Competition and Expansion:

Competition: No other mall can come even close. Growth and Expansion: The sky is the limit with this business. Support/Training: Four weeks included in selling price.


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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