Art Supply store with established customer base for sale

Waco, TX (McLennan County)

Art Supply store with established customer base for sale

Asking Price:$149,000

Cash Flow:N/A

Gross Revenue:$69,000

EBITDA:N/A

FF&E:$3,000

Inventory:$40,000

Lease Rate/Sq. Ft.:$1,000

Established:1968

Art Supply store with established customer base for sale

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Business Description

A specialty art supply store which provides art supply school packages to local college students including Baylor, MCC and TSTI. This is an established business with almost a 50 year history in serving customers in Waco and the surrounding areas.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,859
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Building located at 2025 Washington has store front in front of building, and full apartment in rear with 1 full bath and 1 half bath, kitchen and storage area. Also have 2 large storage pods in rear of property. (Home Based)
Competition:
Only competition is Hobby Lobby and/or Michaels. Neither, however, cater to the local colleges and prepare specific back to school packages for students. Additionally, they do not carry all the art brands and products nor do they have the experienced staff to provide detailed information about art supply products. Building, contents, fixtures, etc. for sale or willing to just sell business name, fixtures, and inventory.
Growth & Expansion:
Business has never utilized web page or online sales and there is opportunity for growth and expansion through these avenues.
Support & Training:
Will provide support and training for minimum of 6 months. Will also share business practices, contacts and make introductions to established customers. Lease negotiable.
Reason for Selling:
Owners are retiring.
Home-Based:
This business is Home-Based

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Business Listed By:
Corbett Bush/ Clyde Bush

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