Asking Price:

$199,900

Gross Income:

$510,000

Cash Flow:

$57,000

FF&E:

$55,337.00 *

Inventory:

$200,000.00 *

Real Estate:

N/A

Year Established:

1985

Employees:

6

Business Types:

Miscellaneous Retail
Apparel and Accessory Stores

* included in the asking price

Business Description

Current owner is retiring and downsizing and is not able to be on-site to take care of business. This well established Dance Supply Store is in an excellent N.W Houston location. This is a BELOW VALUE sale and is a fantastic turn-key opportunity for new owners to continue to grow and prosper.
Recently relocated and newly built in a stylish shopping center the store comes complete with recent furnishings, fixtures, equipment and inventory. The decor is impressive and the store looks just like new!
You will have a great time selling dance shoes, clothing and accessories for children and adults in ballet, tap, jazz, ballroom, theatre, dance teams and more! Our sales are generally through word of mouth, repeat business, and our close relationship with dance shcool owners and teachers
There are growing communities in the area and many opportunities to reach out to those dancers and increase sales.
Another plus is that our business has a protected territory so competition cannot spring up too close to you.
This is a great opportunity for either a single person or a family. Don't delay, dance this way for an excellent opportunity today!

Detailed Information

Facilities:

2450 SqFt built out 3 years ago with recent furnishings, fixtures, equipment and inventory. Recent shopping center with highway frontage, large parking lot, front & back. Easy access to the store.

Competition:

The market area for this business is protected by the vendors. They will not provide accounts to anyone within at least a 10+ mile radious. This is a 25 year old business with a protected market area in a new building.

Growth/Expansion:

An on-site owner would very well be able to grow the business. The current owner is not always on-site and has not made those outside sales calls to new studios and schools which would procure more business. An on--site owner would also reduce the need for as many staff and would have better control over the inventory and sales at the store thus increasing profits. Owner will accept $199900.00 or Best Offer. Motivated to Sell!

Support/Training:

Owner will remain for 2 weeks to assist the buyer. The owner would be available by telephone in emergencies after that! Current trained staff may also stay.

Reason Selling:

Retiring and downsizing assets. Have 2 other business to try to operate!