ANTIQUE FURNITURE AND ACCESSORIES
Location: Arizona > Yavapai County > Prescott
Industry: General Merchandise > Other General Merchandise
Financials
Asking Price: $45,000
Gross Revenue: $3,096
Gross Revenue Comments: 2 Months of 2008
Inventory: $18,000 (Included in Asking Price)
FF&E: $6,600 (Included in Asking Price)
Seller Financing: All cash
Business Summary
Newly started business in a highly visible and desirable retail location in downtown area with plenty of foot traffic. Seller spent over $4,900 in tenant improvements and has over $18,000 in inventory at cost invested. The business was closed 3 weeks of the first three months 2008. Sales rebounded nicely in April and May of 2008. There are many possibilities for the store in this retail shopping district. This is an asset sale.
About the Business
Year Established: 2008
Employees: 0 full time - 1 part time
Facilities: The retail store is 1,270 sf divided into 3 rooms and leasing at $1,844/mo. The lease expires on 10/31/2011 and 5 - 3 yr renewal periods. Deposit is $2,000
Market Outlook and Competition: Retail businesses in this downtown location typically due better than stores in outlying area. This store has not been in operation long enough to establish a sales track record.
About the Sale
Management Training and Support: Seller will familiarize buyer for 2 weeks with 2 week telephone consultation.
Reason For Selling: Seller's parents living in Phoenix suddenly require more attention due to medical problems
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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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