Established Rug Gallery in affluent area

Asking Price$260,000

Cash Flow
$86,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$250,000

Inventory$250,000
Not included in asking price
FF&E$7,500
Included in asking price
Real EstateNot Disclosed

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Established Rug Gallery in affluent area


Asking Price$260,000

Cash Flow
$86,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$250,000

Inventory$250,000
Not included in asking price
FF&E$7,500
Included in asking price
Real EstateNot Disclosed

Business Description
A well established 20+ year business selling both fine handmade and machine made rugs from around the world, as well as a rug cleaning and repair service. It is on a very busy street in a wealthy area of East Shelby County with little to no competition close. The rent is a reasonable rate for 1700 sq ft. This rug business has a loyal clientele, including interior designers, who use their products and services. There is tremendous upside opportunity to grow this business both locally and online. The owner is willing to stay on for 2 weeks to assist in any training necessary to run the business. Call or text Dean Jones today for more information.
About the Business
Years in Operation
22
Employees
1
Facilities & Assets
It is a rented 1700 sq ft in a strip center on a busy street in East Shelby Co. There are many stands and hanging racks in the store to display its appr. 250k in inventory.
Market Outlook / Competition
The store is in an affluent area of East Shelby County where there is little to no competition dedicated to selling fine rugs.
Opportunities for Growth
There is little being done in marketing or advertising currently and no website or online presence. Those two areas alone can offer a tremendous opportunity to grow the business.
About the Sale
Seller Motivation
Retirement
Transition Support
The owner is willing to stay on 2 weeks to assist in any training necessary to run the business
Listing Info
ID
2253878
Listing Views
854

Contact Seller

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Business Listed by: DEAN JONES MASS Business Brokers / Tax Force

Listing ID: 2253878 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.