Regional Retail Chain In Mid Atlantic States For Sale

Business description

Our client is a privately held Company in the business of operating a very well known, and high profile regional retail chain. The Company has significant brand recognition and has a concentration of stores in a densely populated regional area of the Mid-Atlantic States.

The Company provides an excellent variety of unique and affordable outdoor patio furniture, fireplaces, grills, billiard equipment, and spas, along with a wide selection of accessories. Because of its tremendous buying power and conscientious staff, the Company takes great pride in its long business history of providing exceptional value at all price points in every department to its customers.

Only serious, financially qualified buyers will be considered.

Property information

Real Estate:

Lease

Premises details:

Multiple retail stores and a warehouse.

Business Operation

Expansion potential:

Opportunities for growth and expansion exist and will be shared at the appropriate time.

Competition / Market:

Competition exists with national retail chains and local independent stores, however none have proven to be serious competitors for several reasons, including our client’s brand recognition, large selection of merchandise at all price points, and large number of stores in the marketplace, to list a few.

Reasons for selling:

Owner wishes to retire.

Employees:

50 Full Time

Years established:

48

Other information

Support & training:

Owner will provide a reasonable transition period.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing to qualified Buyer

Inventory / Stock value:

$3,200,000