Retailer With Unrivaled Playability For Sale

Business description

This niche retail business sells leading national brands to a growing market of upscale consumers. It serves the entire southern Maine area and its large showroom offers an unmatched product selection. The business has established name recognition, market longevity, expertise in its field, and an excellent reputation. In addition to offering niche products, the business also fills the niche between national chains and smaller retailers. Service is an important component of the business and is provided by a team of professional, trained servicemen. Since this retailer represents national brands in its market segment, its service team receives significant support and training from the manufacturers.

Property information

Real Estate:

Lease

Location:

The large showroom and related facilities are conveniently located in rapidly developing area of southern Maine. The facilities are well maintained and feature all the equipment and leasehold improvements necessary to support its ongoing success.

Other information

Expansion potential:

This business has been and still is in a state of growth. The market continues to expand and there are untapped markets and new products that can be added to further broaden its profit centers. A new owner who is a creative entrepreneur and continues the aggressive marketing has an open door to growth with this business.

Competition / Market:

There is limited competition in this market and none the equal of this company. This company sells products of superior value compared to commodity stores and others selling poor quality imitations. It specializes in high-end products and has a trained service staff, something no one else offers. Others sell inferior products and do not provide the quality service, or provide no service at all.

Support & training:

Seller will provide transition training and consultation.

Reasons for selling:

The seller has other business involvements that are requiring more time.

Financing available:

Anticipated bank financing $400K. Inventory purchase $350K. Working capital $50K.

Furniture / Fixtures value:

$400,000 (included in the asking price)

Inventory / Stock value:

$300,000