Retail Store
Location Oregon,United States
Asking Price Range < $250K
Gross Revenues $298144
Net Profit / Cash Flow $87671
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Relocation to larger city.
Description This business is set up to function both as a brick and mortar retail sales location and also serve as a Hub for all on line sales through the website. The web site is well established and has been running smoothly for over 5 years. Employees have been trained to maintain the site. Online sales make up approximately 25% of total sales. They have a daily UPS pick up set up. They are also workinAll orders are usually processed first thing in the morning upon arrival at the store then throughout the day g on having their UPS, WEB SITE, and local register all integrated toAªgether to eliminate extra typing or inputting of info.
The store was originally conceived as a miniature ''boutique mall'' meaning they have many different categories including baby, pet, bath and body to food and CDs, someAªwhat based on the ''Fred Seagle'' shopping concepts in Los Angeles. Both owners are heavily involved in the buying. Most of the buying is done in one large chunk from Jan-March, during which the owners will meet with many road reps that they have established a relationship with as well as do some online ordering. They usually attend only one ''show'' a year and usually during the Winter since Summer is the busy season and they like to be available in the store.
During most of the year the store is run and managed by one person, meaning only one owner works at the store. During the Summer they usually have one or two employees lined up to help with sales and maintenance of the store.Traditionally one owner handles the financial and billing etc. while the other handles display, merchandising and the web.
They have created a huge brand presence through the marketing of their own line of branded clothing with their logo. It is one of the strongest selling departments in store as well as online. They sell a lot of it on-line to folks who have never even been in the store. This area has a huge amount of growth potential.
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