Business For Sale

Retail: Non-classifiable


Specialty Retail and Customization: High End

Wichita, KS

Asking Price: Annual Revenue:
$1,210,000 $1,651,000

Business Overview:

Pre-Approved for an SBA backed loan! This well-established, well-respected specialized retail sales business has been a destination for customers in Sedgwick County and the surrounding region for years. Filling a need like few other businesses can, the seller has built a business that any buyer would be proud to be associated with. With top-tier product offerings, spectacular facilities, well trained employees, dynamic sales force and an effective marketing program in place, a buyer is positioned for success. Our seller wants to retire from the day-to-day operations but for the right buyer will consider a mentoring program to transfer the knowledge and experiences accumulated over a lifetime. Included with the retail operation is a small but well-equipped, well-staffed production and customization department. This business can customize virtually anything it sells. Over the past several years, the seller has done an excellent job of reducing the reliance of the business on her services, positioning a new owner for a smoother and more seamless transition. With a solid history and excellent earnings potential this business has been pre-qualified by a national lender for an SBA backed loan. You can own this business for as little as $195,000 down.

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Property Features and Assets:

The absolutely spectacular retail space differentiates this store from many other retail operations in the area. It is tastefully decorated and designed to meet the expectations of the clients. The replacement cost of the equipment and fixtures transferred with this sale far exceed the $49,000 value noted above.

Market Competition and Expansion:

In a competitive market this business enjoys a position of prominence and respect. The exclusive offerings, reputation and professionalism of this business have it operating at a level that few competitors can achieve. As with many long time business owners approaching retirement age, our seller has chosen to "slow down" professionally. With that said, 2011 was the best year ever for sales and earnings. A buyer will be well positioned for success.

Reason for Selling:

Retirement / Seller wants to slow down.

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.

Resources:

Relevant Links:

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Contact the Seller

RE: Specialty Retail and Customization: High End Broker: Steve Fischer VR Business Brokers

Quick Facts

Asking Price: $1,210,000
Annual Revenue: $1,651,000
Net Profit: $240,000
Cash Flow: $381,000
Total Debt: Not Disclosed
FF&E: $49,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 5
Listing Number: 881926202

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