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Specialty Retail Store
| Asking Price: | $135,000 | Inventory: | $16,000 ++ |
| Gross Revenue: | $223,336 | Real Estate: | n/a |
| Cash Flow: | $46,820 | FF&E: | $5,875 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a Specialty Retail Store in the Tampa Bay area providing customers with therapeutic ergonomic products to correct and relieve back issues and pain. The industry is gaining momentum, with over 76 million aging Baby Boomers who are taking a pro-active role in their health and wanting to maintain a high-quality lifestyle. The business has achieved earnings of $46,820 with limited hours of operation. A new buyer could maximize the true potential of the business and achieve higher earnings by expanding hours. Known for quality products and knowledgeable service the business offers a lifetime follow-up-product support on every item that is sold. There is great potential to expand growing internet sales through search engine optimization tactics. The business is an authorized online retailer for all products and complies with manufacturers pricing and business polices. The e-commerce site for the business generates sales outside the local trading area including international customers as far away as Hong Kong. Considerable potential exists for additional locations in “senior” type communities i.e. Sun City, The Villages etc. This is an excellent opportunity for any qualified buyer who is interested in expansion of growth and earnings for a business that is in a strategic position to capitalize on a growing industry and current market trends.
About the Business
Year Established:2006
Facilities:The store operates in approximately 650 sq. ft. Base rent is $580.50 including taxes. The store relocated recently to this location resulting in lower sales volume. Lease expires March 31, 2010. Relocation to a higher traffic strip center location could generate greater sales volume.
Market Outlook and Competition:The business has utilized ads in small publications, emails to internet customers and in the past bill blitzes.
A. Greater search engine optimization and internet promo ads could drive more traffic to the website on an international scale increasing sales volume and earning capacity.
B. Visual Signage has been redone in an effort to attract more customers.
C. Relocating the business to a heavily trafficked strip center could have a great impact on sales producing revenue growth through walk-in and drive-by traffic.
D. Owner/operator has not allowed for marketing effectively.
About the Sale
Reason For Selling:Retirement
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Industry: Home and Office Furniture
Last Viewed: JOCO Dry Cleaner (3 Locations)
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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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