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Business For Sale

Specialty Retail, Gifts, Home Decor, NC Mountains

Black Mountain, Buncombe County, NC

Retail: Home Furniture & Furnishings

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$225,000
$400,000
Not Disclosed
$60,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
14
3
940830394
Owner Financing is Available!
$200,000 in Seller financing available to a qualified buyer.

Business Overview:

Located in Black Mountain, just 12 minutes outside Asheville, NC, this store has enjoyed over 14 years of success and the owner/operator is ready to retire. Selling an eclectic assortment of gifts and home decor from figurines and clocks to jewelery and lamps, the shop specializes in diversified wares from toys and collectibles to jewelry and music boxes. Brand names include Harmony Kingdom, Balance Toys, Katherine's Collectibles, Imago and more. Located in the heart of a tourist town and shopping destination, the real estate is available for purchase as part of the transaction. Seller financing is offer to a qualified buyer making this an even more attractive opportunity for anyone with interest and/or experience in retail. Seller to provide adequate evidence to support stated sales and earnings.

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 asking price of $525,000 includes; $300,000 Real estate at fair market value, $175,000 Inventory at cost $50,000 FF&E, Non-Compete, Goodwill

Market Competition and Expansion:

This is a seasonal business with a great opportunity to expand via online sales. E-commerce could grow the business significantly.

Reason for Selling:

family health matters and retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: