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High Growth, Established Lighting Store - Southern New Hampshire
| Asking Price: | $249,000 | Inventory: | $165,000 ** |
| Gross Revenue: | $445,000 | Real Estate: | n/a |
| Cash Flow: | $130,000 | FF&E: | $135,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
An extraordinary opportunity to own a solid income producing, well established business. Now is the time to take advantage of an opportunity that is poised to become even more valuable as the economy recovers. Offered at a modest price of $249,000 (furniture, fixtures and equipment included), plus cost of inventory at time of closing. For family medical reasons, the business is priced aggressively to sell. This attractive lighting store has a great location in a downtown, high traffic, and desirable area in Southern New Hampshire with a niche in the high-end of the market. By 2008, the business had shown four consecutive years of growth. Like most businesses in 2009, sales slowed during the recession, but they are starting to pick up again. The business has always had a high volume of traffic and repeat customers.
About the Business
Year Established:1998
Employees:2 full time - 1 part time
Facilities:A very attractive 3000 square foot store highlights top-of-the-line merchandise on islands of cluster displays rather than rows of shelving. Hanging ceiling displays and raised panel walls for mounting displays give an aura of professionalism and quality to the atmosphere of the store.
Market Outlook and Competition:Competition: No direct competition within an hour's drive. Business offers quality product lines.
Growth/Expansion: Business is in the right location to capitalize on growth of the region. A more aggressive approach to marketing and advertising is likely to be effective. Resumption of local residential and condo development offers new opportunities.
About the Sale
Management Training and Support:Seller will provide training and support for the Buyer over a reasonable time period.
Reason For Selling:Owner must sell due to personal, family reasons. Aggressively priced to sell quickly.
Seller Financing:Negotiable and available to qualified buyer
KEYWORDS: Specialty retail, Specialty Home decor, Specialty Lighting, Retail Home Decor,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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