High-End Retail In Gulf Coast
Region
Gulf Coast, Alabama
Financials
Asking: $399,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $23,000
Inventory: $150,000
NOT Included in the Asking Price:
Real Estate: n/a
Gross: $635,863
Cash Flow: $100,558
Summary Description
This very successful 30-year old high-end retail business specializes in infant
and baby products. The owner has
numerous exclusive arrangements with vendors for much sought-after product
lines. The store is located in a highly
traveled area of the Gulf Coast. The business sets itself apart from any
competition in that 85% of its products are not available in big box or chain
stores. Because of this uniqueness, this store has become the go-to place for
parents and grandparents. Owner has spent less than 1% of sales on advertising
in 2009. The industry average is 4%, which could increase sales and cash flow
even more. All inventory is fresh and up to date, rent is reasonable and the
business had an owners cash flow of $100,558 for 2009. Some owner financing
possible. Owner retiring.
General Information
Year Established: 1980
Employees: 3
Facilities: 6,000 SF showroom and warehouse in very busy part of town.
About the Sale
Financing: Seller will consider financing a portion of the investment
for a qualified buyer.
Support/Training: Owner will provide complete training in all aspects of
the business.
Reason Selling: Retirement after 30 years successful operations.
Contact Information
William Bruce
Sunbelt Business Brokers
Phone: 251.990-5910