Successful Kitchen & Gift Retial Store
Location: Washington > Everett
Industry: Retail Stores > Independent Stores
Financials
Asking Price: $175,000
Gross Revenue: $328,720
Cash Flow: $48,809
Inventory: $99,358 (Included in Asking Price)
FF&E: $20,859 (Included in Asking Price)
Seller Financing: Bank financing is available and owner will also carry contract depending on buyer and terms of the transaction.
Business Summary
It doesn’t get much better than this: Successful Kitchen & Gift store that is fun to operate, is making money, in a growing highly desirable small community and has plenty of growth opportunities. This is an excellent retail store that has developed a great reputation in a very short period of time, winning multiple awards for the store and it’s service and selection. They have an extensive inventory support system, using a state of the art Point of Sale Inventory Management System. A company web site that drives customers to this store. This retailer provides the broadest product offering and is bringing new items to their customers constantly. Continue to experience month over month sales increases even with the current economic climate.
About the Business
Year Established: 2003
Employees: 4 part time
Facilities: Excellent location in small shopping center with grocery store anchor on main traffic roadway in this small community. Easy access and free parking provided around the center. The landlord is highly interested in keeping this store as part of the center and is looking at potentially providing additional space.
Market Outlook and Competition: There is significant opportunity for growth for buyer who is aggressive and desired to expand business out of this store and with additional outlets in the area./ There is limited local competition in the market area. This company has solid history and excellent reputation for quality service and outstanding product selection.
About the Sale
Management Training and Support: Owner is flexible and will provide training to new buyer to ease transition for employees/buyer/customers. Suggests 30 days of continuing training based on sliding scale and owner will be available after sale for additional help and assistance over telephone.
Reason For Selling: Owners are retiring.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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