Fairhope Downtown Retail Shop
Financials
Asking: $148,000 REDUCED TO $98,000 on October 1.
Included in the Asking Price:
Furniture, Fixtures & Equipment: $10,000
Inventory: $35,000
Gross: $130,424
Cash Flow: $24,866
Summary Description
PRICE REDUCED for this great little specialty retail shop in the heart of
Fairhope which has been in business for 14 years. The owner is retiring. The
shop operates from an attractive leased location of 1,900 square feet. In its
last pre-hurricane year, the store did a gross volume of $301,000 with a cash
flow to owner of $114,000. The business was hurt, like all of Fairhope, by the
hurricanes but the area is now strongly recovering. In fact,
General Information
Year Established: 1993
Employees: 1 PT + Owner
About the
Financing: The seller will consider financing a portion of the price
after down payment.
Reason Selling: Retirement.
Contact Information
William Bruce
Sunbelt Business Brokers
Phone: