Profitable Antique Co-Op in Historical Wilton New Hampshire

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New Price $498,000 on this profitable turnkey business!~!
Asking Price:
$498,000

Gross Revenue:
$435,992
Net Operating Income:
 Not Disclosed
FF&E:
 Not Disclosed
included in asking price

Building Sq. Ft.:
4380.00
Price/Sq. Ft.:
 Not Disclosed
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Property Description

A great opportunity to own a profitable TURN-KEY Antique Co-op business. This is a fantastic opportunity for a couple to drop out of the corporate rat race and move to historical New Hampshire village and have a life style business. Located in a quaint 1860's farmhouse nestled in beautiful historic Old Wilton Center NH. The real estate is offered at $323,000 and the business goodwill, branding, cash flow at $175,000.
White Home Collections boasts three floors, multiple barns, and a potting shed filled to the brim with antique, vintage, new and used painted furniture, clothing, jewelry, lighting, linens, mirrors, and fabulous art for home and garden décor. Provides 4,380 Sq Ft of Dealer rental space, excluding outdoor rental space from April to November. 2016 tax year business volume was $435,992 excluding owners personal on premise antique sales, and profit of about $64,000 excluding antiques sold by owner. Family members running the business can take additional cash flow of approximately $32,000 on top of the $65,000 through employee payroll savings.
More than 40 professional dealers on premise paying monthly space rent and a 6% commission on all sales...2,211 customer in constant contact and 4,573 Facebook following. Yankee Magazine Editor's Choice Award for Best of New England 2016, Best Vintage Decor

High Profits and Low Expenses with 15 years of customer good will
• Face book following 4,573
• Constant Contact 2,211
• Yankee magazine Editor's Choice Award for best of New England 2016, Best Vintage Decor
• 2010 New Hampshire Chronicle
• Articles in Boston Globe 2009,2010
• Yankee Magazine Article 2013
• Huge upside potential by owners having own retail space and selling antiques (current owner was selling approximately $35,000 of antiques annually)

About the Property

Type:
Retail
Building Status:
Established
Facilities:
Bundled in with purchase price
Location Description:
Intersection of two main thoroughfares, RT 101 and RT 31
Website:
www.whitehomecollections.com/
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About the Sale

Reason For Selling:
Owner retiring

Listing Info

ID:
1476420
Ad Detail Views:
114
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Property Listed by

Patrick Clark

Keller Williams - #072307

 Show Phone Number

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