Business For Sale

Unique Retail Shop

Not Disclosed, NC
Wake County

Asking Price: Annual Revenue:
$52,000 $147,586

Retail: Non-classifiable

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RE: Unique Retail Shop Broker: Heather Holding
Owner Financing is Available!
$13,000 Down/ $39,000 for 72 months @ 7%

Quick Facts

Asking Price: $52,000
Annual Revenue: $147,586
Net Profit: Not Disclosed
Cash Flow: $28,456
Total Debt: Not Disclosed
FF&E: $2,500
Real Estate: Not Disclosed
Year Established: 2009
Employees: 2
BBN Listing #: 21344955
Broker Reference #: 1307-13909

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Business Overview:

The shop offers authentic, nostalgic pieces that aren’t found everywhere. Its diverse collection of antiques, vintage items and whatnot's–including cameras, lamps, glassware, collectibles, signs, primitives, tools, toys, furniture, reproductions, home décor and gifts–takes customers back to a simpler time when products were made to last.

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Property Features and Assets:

The current space is approximately 3,600 square feet, over two floors. Seller pays market rent and landlord will continue to seek same after the sale. Length and terms of new lease are negotiable. Current lease expires August 31, 2019 with an option to renew. Assets: $23,000

Market Competition and Expansion:

The location is marketed as a shopping destination. Other local antique and home décor shops are the biggest & closest competitors. Online sites such as eBay are competitors as well but don’t offer the personalized attention that this business does. The owner states that a buyer could “easily double or triple business if they listed everything online”. An employee could be hired to handle those listings. -Expansion into the full basement area, which is included in the current lease, could be a strategy to revive the consignment booths and return to the revenues experienced in previous years. - Garden art, old jewelry, new furniture are some of the areas the current owner suggests as possibilities for growth.

Reason for Selling:

Owner would like to retire due to health issues.

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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