Thriving Antique Store

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Antiques, Collectibles and More
Asking Price:
$55,000

Gross Revenue:
$224,000
Cash Flow:
$62,660
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$35,000
included in asking price

FF&E:
$10,000
included in asking price

Real Estate:
$650,000
not included in asking price

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Business Description

Sandwich is the place to go in Illinois for antiques with 11 shops and monthly antique shows at the famous Sandwich Fairgrounds in the summer. At 11,000 square feet and 36 dealers, we are the second largest shop. We have been in business for nine years with sales increasing each year. One block south of our store customers can get a great meal served in an 1896 dining car used by Teddy Roosevelt when he ran for the Bull Moose Party. Two blocks east is the historic Sandwich Opera House with regular weekend events. One mile west is the Sandwich Fair which draws many thousands of people into town for the Sandwich Fair each September and other events and other events throughout the year.

About the Business

Year Established:
2009
Number of Employees:
0
Real Estate:
Owned
Building Sq. Ft.:
24,000
Facilities:
We occupy 11,000 square feet on two levels at the main intersection of downtown Sandwich.
The Burlington Railroad is planning a stop in Sandwich. It will probably be years before it happens but it is in the works.
Website:
prindisantiquemall.net
Market Outlook/
Competition:
There are 11 antique shops and a dozen other unique shops in town.
The antique business is unique in that the more stores in town the more people are drawn to shop.
We have just scratched the surface in internet selling.
Growth & Expansion:
Besides the Chamber of Commerce, there are two groups in town with the goal of promoting tourism in Sandwich. One, SAM or Sandwich Association of Merchants has been around for years and runs several events each year to raise money to promote Sandwich. The other group, headed by the mayor, is just starting out and is made up of a couple of dozen "movers and shakers" in town has the same goal. 24,000 square foot building available at $600,000.00
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About the Sale

Reason For Selling:
My wife and I are both 75
Training/Support:
We will be around to help out as we will keep a booth in the store.
Seller Financing:
Seller financing for business possible with $10,000 down

Listing Info

ID:
1367606
Ad Detail Views:
375

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Business Listed by
roger prindiville

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U.S. Census Data for DeKalb County, IL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for DeKalb County, IL
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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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