Business For Sale

18 years Established Perfume Store

Not Disclosed, TX
Tarrant County

West Dallas


Asking Price: Annual Revenue:
$175,000 $534,000

Retail: General Merchandise - Retail


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RE: 18 years Established Perfume Store Broker: Emilio Marin

Quick Facts

Asking Price: $175,000
Annual Revenue: $534,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 2
BBN Listing #: 516319188
Broker Reference #: 000416

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Business Overview:

Prime location perfume store within one-of-the-most popular malls within Texas is available for acquisition. This business was established nearby two decades ago in 1999 by the current owner of the business and was later relocated to the current location in 2008. As the primary store for perfume products within the mall, there's no concern for any competition since all perfume stores within the area lack in variety of product and price point to this business. Most of the customers are high-income individuals and tourists that frequent the various nationwide "anchors" surrounding this mall. Net sales average is $530,000/year that has been consistent throughout the last several years of operation without any proactive marketing done. The sales of this business have yet to reach full potential due to the current lack of any proactive marketing within the area. Various marketing tactics needs to be utilized to generate more revenue such as online sales, creating a customized website, additional kiosks, bundle deals, and hiring a sales representative to attract different age groups. This business carries numerous name-brand products as well as generic products that accommodates to all walks-of-life. Additionally, this store carries products that are hard to acquire and unique smells that come in a variety of name-brand or generic-brand packaging. This prime location perfume store with consistent sales is ready for a potential buyer to proactively market this business and grow the sales; this is an opportunity you don't want to miss.

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Property Features and Assets:

This business is located within a 1,450 Square Feet retail shopping center inside a popular mall of high-income individuals and tourists. / Inventory: $300,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business has been the leading perfume store within the area and is known to carry a large variety of well-known and/or hard to find products. / Growth and Expansion: Any marketing done will benefit this business greatly as there's no marketing at the current time.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is 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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