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Established and Unique Specialty Craft Retail Store (Price Reduced)

Williamsburg, Virginia (James City County)

Retail - Apparel & Accessory Stores | Retail - Miscellaneous Retail

Asking Price $140,000 Inventory $79,000* 
Gross Income $156,000 Real Estate  
Cash Flow $46,000 Year Established 2006
FF&E $25,000* Employees 1ft, 4 pt

* included in the asking price

** not included in the asking price

Craft Business is unique and successful. Very good net cash flow with over $104,000 Furniture, equipment, Fixtures, and inventor included! Owner has reputable industry name which adds value to business. Unlimited potential with the correct marketing and expansion of its already succesfull workshop programs. Business is versitle with its interaction and self designing of jewelry on site and its retail purchase of items to take home and produce your own designs. Inventory is vast in size, diversification, and uniqueness. Business is entering its prime season of spring and summer tourism.

Facilities: Established Specialty Craft Retail Business is located in a fantastic location with proximity to a resort with lots of conference business year round. Shopping village is unique in area for tourists and locals alike. Shop is 1300 square feet with rent of $1090 per month. Fixtures, displays, equipment, and $79,000 of inventory along with its gross revenue and cash flow make this business an attractive buy. Lots of Parking avaliable.

Competition: Business is in a unique established location with multiple shops and restaurants in a unique village shopping area. Only one other business in the same industry is available within a poulation of over 60,000 in a college, tourist, and popular retirement area. Business has strong repeat customer base with its unique crafts to produce all types of jewelry which include bracelets, necklaces, ear rings, pendants, etc. Business pieces have been featured in national trade magazines. Special workshops are a specialty.

Growth/Expansion: Growth oppertunities are significant with increased local marketing efforts with newly hired marketing individual. The expanded workshops can be expanded to local school groups, retirement groups, and professional organizations like Mary Kay Cosmetics. Growth is limitless with its location and popular growing community.

Support/Training: Owner is willing to provide at minimum 7 full days of training and can negotiate more.

Reason Selling: Owner wants to consolidate and simplify.

Business For Sale By

Clay Robinson

757-206-1283

CRR Business Services

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