Home Decor Retail Store

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Asking Price:
$39,000

Gross Revenue:
$255,000
Cash Flow:
$50,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
$15,000
included in asking price

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Business Description

Retail store has a variety of product type and nicer product lines. Growing revenues at 10%+ annually. Most are home decor or furnishings, with both new product lines from a variety of manufacturers and high end, clean resale. The exact product mix and store layout changes in order to keep customers engaged and coming in frequently. Owner can help new buyer with wholesale sources for new products. Product pricing is affordable. Low overhead has allowed the owner to make an attractive net income. Priced well below market.

About the Business

Location:
Newburgh, Indiana
Year Established:
2014
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
8,000
Rent:
$2,200.00 Per Month
Facilities:
Leased Commercial Retail Space with good lighting, lots of parking, high traffic count, and easy access.
Market Outlook/
Competition:
Retail stores exist all over Newburgh and the east side of Evansville. Revenues of this business continues to increase 10%+ annually. The key is to carry products that people want and have pricing they can afford.
Growth & Expansion:
Gross revenues can easily be increased with this business with additional business hours and either advertising or selling online.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will provide sufficient training for a successful transition.

Listing Info

ID:
1619422
Ad Detail Views:
0

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Business Listed by

Scott Lands

Indiana Equity Brokers

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Sponsoring Broker:

Troy Frank
Indiana Equity Brokers

U.S. Census Data for Warrick County, IN
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Warrick County, IN
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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