Well Established Retail/E-commerce for Sale
Business Description
Well-Established African Fashion Fabric & Accessories Business for Sale
This unique retail and e-commerce operation specializes in African fashion fabrics and accessories, serving a niche market with unparalleled inventory selection. Established in 1985 as a family-owned business, this company has built an impressive customer base of over 10,000 loyal clients over nearly four decades of operation.
Business Overview:
- Annual Revenue: $115,000
- Asking Price: $110,000
- Inventory Value: $30,000
- Location: Austin, TX (Travis County)
- Business Type: Retail/E-commerce hybrid
- Established: 1985 (39 years in operation)
Operational Details:
- Currently operates as absentee-owned business
- Relocatable due to e-commerce capabilities
- Retail space: 1,200 sq ft
- Monthly lease: $2,400
- Leased real estate arrangement
Key Strengths:
- Specialized niche market focus on African fabrics
- Extensive customer database of 10,000+ clients
- Nearly four decades of established reputation
- Dual revenue streams (retail and e-commerce)
- Relocatable business model
- Unique inventory positioning in market
Growth Opportunities:
The business presents significant potential for expansion through enhanced marketing strategies and retail optimization. With proper investment in digital marketing and retail operations, this established brand could reach its full market potential.
Owner Support:
The current owner will provide comprehensive training and support for four weeks post-sale, with additional assistance available as needed to ensure smooth transition.
Reason for Sale:
Due to the passing of the original owner, the family has decided not to continue operating the business, creating this rare opportunity to acquire a well-established operation in a specialized market.
This represents an exceptional opportunity to acquire a profitable, established business with a loyal customer base and unique market position in the growing African fashion and textile industry.
This unique retail and e-commerce operation specializes in African fashion fabrics and accessories, serving a niche market with unparalleled inventory selection. Established in 1985 as a family-owned business, this company has built an impressive customer base of over 10,000 loyal clients over nearly four decades of operation.
Business Overview:
- Annual Revenue: $115,000
- Asking Price: $110,000
- Inventory Value: $30,000
- Location: Austin, TX (Travis County)
- Business Type: Retail/E-commerce hybrid
- Established: 1985 (39 years in operation)
Operational Details:
- Currently operates as absentee-owned business
- Relocatable due to e-commerce capabilities
- Retail space: 1,200 sq ft
- Monthly lease: $2,400
- Leased real estate arrangement
Key Strengths:
- Specialized niche market focus on African fabrics
- Extensive customer database of 10,000+ clients
- Nearly four decades of established reputation
- Dual revenue streams (retail and e-commerce)
- Relocatable business model
- Unique inventory positioning in market
Growth Opportunities:
The business presents significant potential for expansion through enhanced marketing strategies and retail optimization. With proper investment in digital marketing and retail operations, this established brand could reach its full market potential.
Owner Support:
The current owner will provide comprehensive training and support for four weeks post-sale, with additional assistance available as needed to ensure smooth transition.
Reason for Sale:
Due to the passing of the original owner, the family has decided not to continue operating the business, creating this rare opportunity to acquire a well-established operation in a specialized market.
This represents an exceptional opportunity to acquire a profitable, established business with a loyal customer base and unique market position in the growing African fashion and textile industry.
About the Business
- Years in Operation
- 41
- Employees
- 2 (1 Full-time, 1 Part-time)
- Currently Relocatable
- Yes
- Facilities & Assets
- This retail/e-commerce has been running for over 40 years from various different locations. Sales are not dependent on location as it is a established E-commerce. Sales can be increased with adding retail hours back.
- Market Outlook / Competition
- This business has a niche market and the inventory is unparalled by other business
- Opportunities for Growth
- Business will need marketing & retail to help it grow to its full potential again.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $2,400.00 per month
About the Sale
- Seller Motivation
- Owner passed away and family doesnt want to run business.
- Transition Support
- Current owner will provide training and support for 4 weeks and then as needed.
Listing Info
- ID
- 2506016
- Listing Views
- 55
Listing ID: 2506016 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.
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