Summary
- Asking price:
- $370,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $780,000
- Cash flow:
- $109,000
- Franchise opportunity:
- Yes
- Years established:
- 15
- Employees:
- Full Time: 1 / Part Time: 3
Business description
A national franchisee with a long-term, full-time store manager in addition to the owner plus other full and part time staff who are all long-term employees also, produces an efficient and effective operation that has the time to be congenial and instructive to over 2,500 customers.
Since opening in 1996, this retail store has flourished in its niche, continuously profitable and award winning among its peers. The owner had no prior experience in this niche nor even in the retail trade before founding this store.
Franchise terms
Negotiable
Property information
- Real Estate:
- Lease
- Lease terms:
- Negotiable
- Leasehold rent:
- $$67,200 per annum
- Location:
- High visibility 2200 sf unit with office & storage in a vibrant, upper income shopping center is the only home this business has ever had and there are no known reasons to move
- Size in square feet:
- 2,200
Other information
- Expansion potential:
- A totally untapped revenue stream is add-on services to go with the products that are sold. Slightly expanded store hours also offer an opportunity for increased sales. A second or more stores is a distinct possibility because of the low number of existing franchisees in the immediate area
- Competition / Market:
- Other franchises and many chain retailers carry some of the same products but nobody puts together the combination of a deep seasonal product selection and knowledgeable customer service within easy access of the upscale customer base thus producing a formidable opponent for potential newcomers.
- Support & training:
- Franchisor will provide training upon payment of any transfer and associated fees and Seller will provide up to seven [7] normal workdays of transition support
- Reasons for selling:
- Owner wishes to retire but would consider some part-time employment
- Trading hours:
- Monday - Saturday 10am-6pm; Sunday 1-5pm
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Owner will provide some financing for a qualified buyer
- Furniture / Fixtures value:
- $10,000 (included in the asking price)
- Inventory / Stock value:
- $90,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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