**PRICE REDUCED** Recycled Building Materials Retailer

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Opportunity to Live & Work in Northwest Michigan
Asking Price:
$116,500

Gross Revenue:
$262,235
Cash Flow:
$37,502
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
included in asking price

FF&E:
$40,257
included in asking price

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Business Description

Highly unique store where products are always changing. This store and concept were established as a “first to market” retailer of specialty recycled building materials. Help customers save money, while saving resources. The reclaimed products available through this unique retailer provide an opportunity for customers to apply both style and imagination to their projects.

The owner is ready to move into retirement and has reduced the price to below market value, especially with inventory included in the purchase price.

About the Business

Location:
Grand Traverse County, Michigan
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
11,300
Rent:
$2,900.00 Per Month
Facilities:
• Current location is a leased 11,300 square foot building
• Building is owned and would prefer to lease, but may be open to selling real estate.
Market Outlook/
Competition:
The company has a very strong foothold in a dynamically growing trend. This concept and retailer have very little, if any direct competition. Company has some distinct advantages and opportunities in the area to build inventory and support its already outstanding reputation.
Growth & Expansion:
The following represents potential opportunities for growth a new owner could quickly implement to improve the operations and profitability of the business:
• Further cultivate in place systems that allow for quick response to sourcing opportunities to grow sought after inventory.
• Develop deeper ties with non-profit organizations to acquire more incoming materials.
• Have events several times a year at the store.
• Cultivate new relationships to secure sought after inventory.
• Bringing on skilled field workers that can work fast and efficient, while being very careful not to damage materials.
• Increase efforts in marketing in order to increase sales.
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner is willing to assist in a smooth transition of the business.
Seller Financing:
Seller willing to provide necessary financing for buyer to secure SBA financing, if r

Listing Info

ID:
1597415
Ad Detail Views:
0

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Business Listed by

Curtis D. Kuttnauer, BCA

Golden Circle Advisors
License# 6501391947

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U.S. Census Data for Grand Traverse County, MI
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 Grand Traverse County, MI
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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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