Fabric, Furniture, Lighting
& Design Shop
Baldwin
County, Alabama
Financials
Asking: $495,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $10,000
Inventory: $100,000
Gross: $979,322
Cash Flow: $108,396
Summary
Description
This is the premier furniture, lighting, fabric and design shop in the area.
Located in a popular resort area, the customers come from near and far because of the exclusive merchandise. About 85% of the inventory is in fabrics and
15% is in furniture. The interesting point about this is the furniture accounts
for over 55% of the sales. This makes the furniture sales a very profitable
part of the business and easily expandable. Located right in the heart of a
busy shopping area, the shop does not have much of an advertising expense.
Sales were very steady from 2007 to 2008. The owner will stay for training to
insure a smooth transition; the shop also has several experienced employees who
would like to stay.
General
Information
Year Established: 1989
Employees: 3 Part Time
Facilities: 2,000 sq. ft. building
About
the Sale
Financing: Seller will negotiate financing with a qualified buyer.
Support/Training: Seller is committed to a seamless transition and will
provide thorough training in all aspects of the business.
Contact:
William Bruce
(251)
990-5910