The Antique Mall that keeps attracting new customers!
| Asking Price: | $425,000 | Inventory: | |
| Gross Revenue: | $456,000 | Real Estate: | n/a |
| Cash Flow: | $154,668 (comments below) | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: ODCF | |||
This Antique Mall is the anchor business for the #1 shopping destination in all Southern Vermont! This is Vermont’s largest and most popular antique center, featuring over 450 beautifully decorated booths filled with antiques, collectibles and a variety of additional products suitable for the tourist crowds frequenting the antique mall.
The business concept offered is two-fold. First, as a master dealer that contracts with small antique dealers to rent them booths and to provide absentee management services for participating dealers. Management services include central cashier functions where customers purchase and pay for the antiques, daily inventory notification and remittance of proceeds to dealers, restocking of dealer merchandise, property management and security monitoring. The second business concept is to operate as a participating antique dealer and offer antiques and merchandise directly to the public. This allows the owner to enjoy the pleasure and benefits of being an active participant in the antique business while, concurrently, being a provider of mission critical services to one of the largest group of antique dealers in the Northeast.
The business concept offered is two-fold. First, as a master dealer that contracts with small antique dealers to rent them booths and to provide absentee management services for participating dealers. Management services include central cashier functions where customers purchase and pay for the antiques, daily inventory notification and remittance of proceeds to dealers, restocking of dealer merchandise, property management and security monitoring. The second business concept is to operate as a participating antique dealer and offer antiques and merchandise directly to the public. This allows the owner to enjoy the pleasure and benefits of being an active participant in the antique business while, concurrently, being a provider of mission critical services to one of the largest group of antique dealers in the Northeast.
About the Business
Year Established:1985
Employees:2 full time - 3 part time
Facilities:Total leased space = 12,700 SF.
• 8,000 SF on 1st floor, 4,700 SF on 2nd floor
• 330,00 cars annually
• 24 Hour Security
• Parking for 254 cars.
• Additional, unlimited overflow parking is available on 8 acres
Market Outlook and Competition:Location,..The current success and future growth potential is largely attributed to an excellent location. Just a few minutes from major Interstate Highways, the location appeals to both Boston area tourists and New York tourists. In addition, it is located on the direct route to the area's largest Ski Resort..
Being a member of the most exclusive business association in Vermont, over one million descriptive brochures and maps are distributed by all members and every State of Vermont Tourist Stop.
The lease can be negotiated to include other potential complimentary products to sell. So, consider the burgeoning Home Décor market or the related antique jewelry business. Attention Entrepreneurs: Your potential is only limited by your imagination!
About the Sale
Management Training and Support:As necessary. Busines is not complicated.
Reason For Selling:Owner owns/manages multiple properties and wants to reduce his personal activity levels
Seller Financing:Limited, negotiable
Attached Files - Attachment Disclaimer
 | Marshall Associates.Biz, LLC - General Business Broker, Certified Business Intermediary | ||
 | Grand facility to merchandise antiques | ||
| Located in major tourist attraction | ||
| Servicing Antique Dealers | ||
| Offering outstanding selection | ||
| Always plenty of attractions for the family |
KEYWORDS: Antiques, mall, Vermont, retail, attractions, family
Sell Your Business | This listing has been viewed 47 times
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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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