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Interior Design & Art Retail In Waterfront Comm.
Not Disclosed, NC
CARTERET County
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| Asking Price: | Annual Revenue: |
| $200,000 | $227,162 |
Services: Construction, Contractors
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RE: Interior Design & Art Retail In Waterfront Comm.
Contact: Tony\/Jarma Khoury
Owner Financing is Available!
$100000.00
Quick Facts
| Asking Price: | $200,000 | |
| Annual Revenue: | $227,162 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $64,963 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,156 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 3 | |
| BBN Listing #: | 753758201 | |
| Broker Reference #: | 13485-999415 |
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Business Overview:
Art and Interiors business in high traffic coastal community, carrying much 'sought after exclusive' items for all areas of the home, gifts for all occasions, and an expanding Art Gallery, carrying primarily local artists.
This is the only one of it's kind in the community, with a long track record of repeat business customers serving not only the surrounding coastal communities, but also clients with other property needs in far reaching locations.
Owner is wanting to semi-retire, but willing to stay on to help new owner(s) transition with owner financing options.
Over $100,000 of Inventory is included in this sale!
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Property Features and Assets:
Located in a highly visible strip center, with other retail and professional shops Opened in 2008, this business has been a local/regional favorite for personalized interior design and home furnishing products to residential, commercial and tourists visiting this North Carolina beachfront community. Sales Categories include: 25% Bedding, Throw Pillows, Soaps & Lotions, Cards, Gifts 25% Clothing & Sleepwear 20% Rugs 20% Window Coverings 10% Baby e-Newsletter campaigns are sent out twice per month, with over a 50% open rate.
Market Competition and Expansion:
While there are a few other providers in the region, the seller is turning down work, as she is content and not looking to grow the business at this time. That being said, she is willing to stay on and help an energized new buyer. Now, especially due to Covid, residents are moving to the coast/beach, so the demand for interior design services are growing. Immediate potential growth areas include: - the introduction of online sales - a greater social media presence - the pursuit of commercial interior design services - the seller has had recent success of selling artwork on consignment, so a huge potential to grow this part of the business
Reason for Selling:
Semi retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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