Beautiful Specialty Retail Store in Oakland County

Not Disclosed, MI
Oakland County

Asking Price: Annual Revenue:
$120,000 $405,347

Retail: Home Furniture & Furnishings

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RE: Beautiful Specialty Retail Store in Oakland County Broker: Jeffrey Sak
Owner Financing is Available!

Quick Facts

Asking Price: $120,000
Annual Revenue: $405,347
Net Profit: Not Disclosed
Cash Flow: $66,799
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 5
BBN Listing #: 246742190
Broker Reference #: 0483-81186

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Business Overview:

This specialty retailer offers high-end gifts, artwork and home décor items. Located in a thriving downtown community in a prime location, the store is a favorite among shoppers in the area. The business also has a substantial online presence which expands earning potential by attracting remote retail customers as well those utilizing the bridal registry. This is the perfect opportunity for someone looking to operate a unique retail shop in a lovely facility with an established customer base. Seller financing is available with terms conditional upon the review of the buyer’s financial standing. For more information, please contact Jeff Sak of Transworld Business Advisors of Metro Detroit or email us.

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Property Features and Assets:

The store was established in 2005 by the current owner who is now interested in pursuing other interests.

Market Competition and Expansion:

This business caters to a niche market of unique high-end retail merchandise. It has a significant social media presence that keeps its customer base up-to-date of new products, offerings and events. The business differentiates itself by providing clientele with a distinctive shopping experience that has resulted in the establishment of a strong and loyal customer base. Showing Comments Contact Agent Potential Growth While the business has established an online shopping portal and bridal registry, there is a significant opportunity for increased profitability with the further development of these areas as online shopping continues to surge in the retail industry.

Reason for Selling:

Other interests.

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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