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Business for sale – European Antiques
Asking Price: $725,000
+ $400,000 inventory which will sell in store for $1Million+
***** motivated seller is open to offers *****
Customers: Homeowners, Designers, Collectors, and others
Retail | Consignment | Rentals
This is a great opportunity to acquire a well-established business with an enviable reputation and a loyal customer base. The niche industry is somewhat recession-proof, and the growth potential is phenomenal.
Current fiscal yearend July 31, 2020 is on target to hit $1,300,000 revenue with $300,000 cash flow.
* 10+ Years in Business.
* Owner not involved in day-to-day operations
* Great manager & staff in place.
* Inventory included ($400,000+) – all purchased within last 36 months
* Customer Deposits included.
* No need for capital expenditures.
* Simple business to operate.
* Multiple revenue streams.
* Extensive training offered to new owner.
* No industry knowledge required, but a passion for customer service is necessary.
* High quality products.
* Long-term repeat customers.
* Well established vendors & suppliers
* Convenient location.
* Good lease.
* High barriers for new competitors.
* Detailed financial information available.
Total = $1,125,000
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