Business For Sale

Business Overview:

This business specializes in retail with growing internet sales. Revenue has reached $3.9m in the 12 months ending 3/31/2011 and the business is on pace to achieve revenue of $5.1M + in the 12 months ending 3/31/2012. The business has 5 locations, two of which have been open less than one year and specialized software provides a competitive advantage and allows web based real time management of all facets of the business. The stores are open from 10:00 am to 6:00 pm Monday thru Friday and some Saturday hours are offered at selected stores. The business does increase hours during busy times. There are seven permanent employees that include four general managers, a programmer, a warehouse manager and a warehouse assistant. The business also employs approximately 50 part time employees (this increases to 130 during busy periods)

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 business has 5 locations that range in size from 1800 sq ft to 2700 sq ft with an average rent of $3,600 per month. There is $625,000 in inventory included in the sales price.

Market Competition and Expansion:

The business faces competition, primarily in the form of larger national businesses that are higher priced. The market will be somewhat stagnant, however the opportunity to growth within the market appears bright. The business has done very well with focus on the core of their product offering and their low overhead has proven to provide a competitive advantage. The competitors offer a large line of soft goods at higher margins and this provides a very good opportunity for a buyer with merchandising skills. The business develops general managers internally and has four prospects available for new store openings, which are being considered for fall of 2012.

Reason for Selling:

Owner wants to pursue other interests

Additional Details:

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