Business For Sale

established African Store in Busy Neighborhood

Not Disclosed, MD


Asking Price: Annual Revenue:
$350,000 $175,000

Retail: Home Furniture & Furnishings


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RE: established African Store in Busy Neighborhood Broker: Andrey Gustov

Quick Facts

Asking Price: $350,000
Annual Revenue: $175,000
Net Profit: Not Disclosed
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 1994
Employees: 4
BBN Listing #: 49651174
Broker Reference #: 76551-77241

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Business Overview:

An African Art Decor, Clothing and Jewelry collectors dream store, that offers museum quality goods accompanied by an in-house curator of African tribal and decorative art. It's located on a very busy street nestled in an artistic, historic community at a busy intersection in Baltimore.

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Property Features and Assets:

Started in 1994 as an ethnic clothing and jewelry store. They now offer museum quality African tribal and decorative art. Located in trendy Baltimore area.

Market Competition and Expansion:

Unique business, located in majority African-American population. Specialty store. Authentic merchandise. Potential Growth High potential. Internet growth, Facebook advertising.

Reason for Selling:

Retiring

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.

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