Home Accessories Retail
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $600000
Net Profit / Cash Flow $155000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2000
Number of Employees 1 - 3
Inventory 55000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Owner is will to assist in training and will ...
Reason for Sale Owner is ''semi-retiring''.
Description New financials from CPA indicate business is even more profitable than imagined! For the 1st 4 months of 2006, Net Income was $52,000 and Cash Flow to Owner was $70,000. On a conservative annualized basis this would equate to Net Income of $155,000/yr and Cash Flow to Owner of $170,000/yr!! All this income potential plus inventory and FF&E (of $50,000) for the remarkably low asking price of $125,000. This highly (and consistently) profitable home accessories (lamps, rugs, art, paintings, draperies, etc) retail operation is for sale at below market price. Sales and profits for this operation have increased each yr since inception (6 years) and all trends are up. Inventory of approx. $25,000 and improvements / furniture & fixtures of approx. $30,000 are included in the sales price. Company has tremendous upside as sales / marketing has not been stressed - interior designer / wholesale market is underutilized; company has highly coveted domain name but no web site; additional product lines/ services could be added - any combination of the aforementioned could double sales and profits within a brief time period (internet sales alone could drive this increase in profitability). Company is located in an upscale shopping center on a very high traffic multi-lane street. Company is priced to sell at $125,000 and owner is willing to finance a limited amount (depending on amount of down payment). If you are interested in a consistently profitable retail operation, at a below market price, with owner financing and tremendous upside potential, you must act now before it's too late! Contact us for more information on this Home Accessories Retail business for sale.
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