Diversified Retail Opportunity - Healthy Sales
| Asking Price: | $175,000 | Inventory: | $37,000 ++ |
| Gross Revenue: | $360,000 | Real Estate: | n/a |
| Cash Flow: | $102,000 | FF&E: | $67,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This business is actually a combination of two retail operations that are adjacent to one another in a strip mall. The first is a cell phone store that supports cell phone sales and service for a well respected, national cell phone company. The second is a catalog service and fulfillment center for a well know retail chain. Both carry excellent brand recognition. The stores are connected by a walk through to allow for easy single owner managment. The busines provides good, consistent cash flow even in this down economy. The diversified nature of the business helps to insulate it.
Current owners have been in the same location for 15 years. It is located on a busy thoroughfare in the greater New Haven area and has good visibility. The owners have developed a loyal clientele by providing good service. They conduct very little advertising. This could be expanded through new ownership.
Store hours are M-F 9:00 Am to 6:00 Pm and Sat. 9:00 Am to 3:00 Pm. 2 PT employees.
Current owners have been in the same location for 15 years. It is located on a busy thoroughfare in the greater New Haven area and has good visibility. The owners have developed a loyal clientele by providing good service. They conduct very little advertising. This could be expanded through new ownership.
Store hours are M-F 9:00 Am to 6:00 Pm and Sat. 9:00 Am to 3:00 Pm. 2 PT employees.
About the Business
Year Established:1994
Employees:2 part time
Franchise:Yes
Facilities:Lease on 2400 square feet. 2 years left on lease and landlord will transfer the lease.
Market Outlook and Competition:In a great location and with good brands which enhances their competitive postion.
About the Sale
Reason For Selling:Retirement
KEYWORDS: Cell Phone Store, Catalog Store, New Haven area, Connecticut
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