Unique Specialty Retail Franchise
Business Description OPPORTUNITY This opportunity includes a 2 ½ year old unique retail franchise business. The business makes its own products on-site and has a nationally recognized name and brand. This company was started by the current owner from ground level. This is a completely turnkey operation with a first-rate store, full inventory, growing revenues and an established franchise backing the business. This business is best suited for an owner operator to maximize cash flow and return on investment. An owner operator would only need 1-2 part-time employees for operations, thus increasing profit margins immediately. The current owner is only recently engaged in full-time operations. HIGHLIGHTS ASKING PRICE $330,000 Included in Asking Price Inventory = $50,000 Fixtures, Furniture, Equipment = $30,000 Adjusted EBITDA = $60,458
Location
This retail store is located in a trendy shopping center in one of the most affluent areas of town.
Employees
3 (1 Full-time, 2 Part-time)
Real Estate
Lease
Leasehold Rent
$67,680 per annum
Management Type
This business is owner operated.
Owner Financing
Owner financing is available. Please contact the seller for more information.
Premises Details
The business operates out of a 2200 square foot store. The front half is the show floor. The back-half is where the products are manufactured. The business makes all of its own products on-site.
Support & Training
The seller will facilitate any transition for a new owner on terms to be negotiated.
Expansion Potential
The company can grow its brand recognition significantly by engaging in online and social media platforms. Opportunities abound with better e-commerce channels.
Competition / Market
Handcrafted products separate this company from its local competitors. The company sits in the State's largest market with a population of over 1m people. A strong national brand helps this company, as well as the ability to order online.
Franchise Opportunity
Franchise Resale
Inventory / Stock Value
$40,480 - included in the asking price
Reason for Selling
Divestiture to focus on primary business.
Financials
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