CHATTANOOGA, Tennessee
| Asking Price |
$99,000 |
Year Established |
1974 |
|
| Annual Revenue |
$251,498 |
Reason for Selling |
Retiring Owners |
|
| Annual P/L |
$49,550 |
Attention |
Adam Weaver |
|
| Annual Cash Flow |
$0 |
Listing Number |
1004171 |
|
| # of Employees |
5 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
Well-established specialty retail business with over 50 years of continuous operation in a high-traffic, premier Chattanooga location. The business has become a staple within a major tourist corridor, benefiting from consistent foot traffic generated by nearby historic attractions, hotels, and entertainment venues. Founded in 1974, the company has built a strong reputation and brand legacy, attracting both repeat local customers and a steady flow of out-of-town visitors. The retail operation features a diverse product mix including Southern-themed gifts, apparel, novelty items, collectibles, candies, and souvenirs, allowing for broad customer appeal and multiple revenue drivers.
Property Features and Assets:
<p>Included Inventory Amount: $50,000</p><p>Lease Info:</p><ul><li>Square Feet: 2,400</li><li>Total Monthly Rent: 10% of sales</li><li>Lease Expiration: 2/1/2027</li><li>Lease Options: New owner to negotiate</li></ul>
Market Competition and Expansion:
<p>The business operates in a competitive specialty retail market with other independent gift and tourist-oriented retailers. The company’s long operating history and high-traffic location provide stability and differentiation within the local market.<br></p>
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