Seller's Contact Information
- RE: Long Time Established Multi Department Store
- Contact: Mark Bailey
Quick Facts
Asking Price: | $925,000 | |
Annual Revenue: | $2,348,614 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $620,609 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1965 | |
Employees: | 6 | |
BBN Listing #: | 253163232 | |
Broker Reference #: | 082421-426740 |
Business Overview:
Wow! With over 50 years in business, this extremely profitable family owned and operated business on Chicago's North Shore has served it's loyal client base with their eclectic, innovative and utterly unique mix of cosmeceutical skincare products, exclusive label brand cosmetics, professional hair care, and junior apparel.
We have curated and grown our overnight camp essentials department into the premier go-to camp store in the Midwest. From March to July, a portion of our store is utterly transformed into a camper's heaven. From on trend camp bedding, camping essentials, custom embroidered/personalized camp apparel & duffles & camp bunk decor.
Many revenue growth opportunities can be added including e commerce, delivery, developing new categories & expanding existing product lines.
Second generation family business. Started in 1965, and second generation took over in 1977 and has grown the business significantly by adapting to their customer needs.
Unlike corporate big box stores, this independent owned business in thriving suburb continues to outperform competitors due to it's forward thinking approach, adapting to customers requests, and maintaining a very loyal customer base thar frequently visits the store from surrounding North Shore Suburbs.
Developing new categories based on evolving needs of community increase of millenial neighbors that moved in during pandemic.
Real Estate can be included as part of business purchase.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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