Description of the business for sale
Highly profitable, rapidly growing, upscale retail business available. This business has been established for 28 years, is a local icon and has SDE of $200K in 2007, up 34% from 2006. The sellers have created a distinct business with an exclusive product line that distinguish the business from competitors and allow high profit margins and a great working relationship with the suppliers. The network of quality and reliable artisans and 5000 person mailing list provide a great foundation for continued growth and expansion. A trained staff of employees provides the buyer great flexibility to allow travel to develop additional product lines, work the business day to day, or focus on expanding the internet or wholesale segments of the business.
GROWTH: The business has a good foundation built with a strong supplier base, a website and a high margin product line which lends itself to expanding internet sales and developing wholesale markets for additional growth.
COMPETITION: The business has a unique and upscale product line from controlled suppliers which helps differentiate the business from competitors and the growing customer data base provides a bright business outlook.
ADDITIONAL FINANCIAL INFORMATION
•Financing: Seller will consider financing for qualified buyer
•Inventory: $100,000
•FF&E: $26,125
REASONS FOR SELLING: Retirement
Support / Training provided by seller
The seller will provide two weeks of training with hours to be negotiated.
Description of the facilities
The facility is located in an upscale area of Austin,TX and is easily accessible by the major freeways. The building is in a facility adjoined by two other businesses and has good visibility, easy access and ample parking. The facility includes approximately 1900 sq feet.