Growing Custom Fireplace Retail Business In Atlanta For Sale

Business description

Extremely fast growing specialty retail business in an affluent neighborhood for sale. Sales up 83% in 2010 and first quarter 2011 growth is 20% over 2010!! This is a growing retail business in a North Atlanta suburb selling high end fireplaces, outdoor grills and patio awnings and related equipment to an affluent customer base. Customers are serviced form an exceptionally well designed and outfitted 2500 sq ft showroom. An additional 5,000 sq ft in the same building was added to the lease in May 2011 to accommodate growth. The business is located near a major supplier's distribution center assuring available stock on short notice without inventory carrying costs. In addition, the business has placed large advanced purchases of inventory for 2011 at significant savings. This is a unique, profitable set up for the right buyer. Price is $185,000 plus Inventory and FF&E.

Property information

Location:

Business occupies 7,500 sq ft in an attractive leased building on a well traveled highway with adequate parking.

Size in square feet:

7,500

Other information

Expansion potential:

The business grew 83% in sales last year and 123% in discretionary earnings. Sales for first quarter of 2011 are 20% higher than the same period of 2010. Large advance purchases of inventory at discounts will increase profit margins for 2011.

Competition / Market:

There are three somewhat similar competitors within 25 miles, but this business is thriving and growing in spite of the competition.

Support & training:

Will train for 8 weeks @ no cost

Reasons for selling:

Health issues and retirement

Trading hours:

Mon-Fri 9am-6pm, Sat 10am-4pm

Furniture / Fixtures value:

$74,961

Inventory / Stock value:

$127,284