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Business Listing
| Listing No: | 9245133 |
|---|---|
| Category: | Retail Miscellaneous: Retail Specialties |
| Description: | Upscale Specialty Retail |
Business Details
| Revenues: | $447,856 |
|---|---|
| Adjusted Cash Flow: | $79,135 |
| Selling Price: | $185,000 |
| Down Payment: | $50,000 |
| General Location: | Naples |
Executive Summary
Located in the heart of Naple's downtown district, this is abeautiful upscale specialty retailer of functional art, decorative home furnishings, and personal accessories. The distinctive collection of merchandise appeals to consumers seeking attractive and unusual gifts, products to enhance their homes, and personal accessories such as our many lines of extraordinary jewelry.The store has been profitable every year since opening with 2008 revenues 10% greater than 2007 revenues.This is one of 3 stores currently owned by the sellers, who are in New York state. They are selling to devote time to licensing this retail concept nationwide. Included in the sale is a licensing agreementto provide ongoing support and guidance for the new owner with merchandising, marketing, advertising, etc. The fee is 7% of revenues. Training would be atthe Naples store orthe company store in Rochester, NY.SBAlenderfinancing is approximate andincludes $25,000of working capital with $50,000 down.
Last revision: 4/17/2009 15:24:00 PM