25 year Highly Profitable Retail Business in Middle Tennessee
Business Description
Long term retail business that has been family owned since inception. Past five year growth in sales and free cash flow has shown impressive results for a mature company. Owners desire for retirement provides an excellent opportunity for any prospective purchaser. The business is situated in a high growth area with unusually positve market dynamics. This company compares well above the norm as to industry analytic metrics.
A summary of the growth of this business illustrates sales trends achieving annual rates of 16% and operating income trends of 34% over the period of 2020-2024. Given the historical progress and performance trending of this business, it is estimated a reasonable top line growth for the coming five to eight years to be 40-60%.
The owners have a competent staff of employees. The personnel staff is a stable of well trained and professional employees. Their respective availability going forward is totally dependent upon the wishes of the succeeding owner.
A summary of the growth of this business illustrates sales trends achieving annual rates of 16% and operating income trends of 34% over the period of 2020-2024. Given the historical progress and performance trending of this business, it is estimated a reasonable top line growth for the coming five to eight years to be 40-60%.
The owners have a competent staff of employees. The personnel staff is a stable of well trained and professional employees. Their respective availability going forward is totally dependent upon the wishes of the succeeding owner.
About the Business
- Years in Operation
- 26
- Number of Employees
- 3
- Facilities & Assets
- The facility includes leased retail space with FF&E. The business is very adequately supplied with all necessary FF&E.
- Market Outlook / Competition
- The business has one direct competitor in the primary market place. The primary market has a population of 25,000-30,000.
- Opportunities for Growth
- Given the exceptional growth trends of the primary market place, as stated above, the potential growth of this business is reasonably 40-60% over the coming five to eight years. The estimated future growth is 55-60% of the historical growth of the company's past five year growth curve.
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- The owner will be available for a minimum of 60 days.
- Financing Options
- The degree of owner financing will be totally dependent upon the prospective buyer's
Listing Info
- ID
- 2339239
- Listing Views
- 403
Listing ID: 2339239 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. See our full Terms of Use. Learn how to avoid scams.
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