New
Internet and Retail business
This retail business has been in the RVA area for over 35 years. It sells luxury niche products to homeowners throughout the area and nationwide. 40% of sales are generated from the website with direct shipping from the manufacturer to the customer. This segment is highly profitable and can stand alone.
This outstanding business has the following attributes:
40% of sales are generated from the website with direct shipping from the manufacturer to the customer
carries many niche products and small-size units most competitors do not carry
In business for over 35 years
Listed By: Michael Mitchell
Background information
Reference:
42458770-MM
Year established:
2002
Reason selling:
Retirement
Finance
Sales:
$900,000
Profits:
$120,000
Profit type:
Discretionary Earnings
Operations
Employees:
3 FT employees and a few service/installation contractors
Equipment:
large showroom contains over $70,000 of inventory
Inventory:
$70,000
Furniture fixtures and equipment:
typical office furniture and displays will convey
Premises
Facility:
Large 3,000 sq. ft. showroom
Square footage:
3,000
Rent and lease terms:
Triple net total 45,000
Location:
Located in the heart of RVA
Opportunities
Growth:
Significant growth opportunities through online marketing.
Market:
The market is both local and nationwide through the internet.
Price and terms
Price:
$337,000
Financing:
Owner will provide a small amount of financing if needed to obtain an SBA loan
Training:
Owner will stay on to train the buyer.