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Fun specialty retail store

Bend, Oregon (Deschutes County)

Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price $40,000 Inventory $55,000** 
Gross Income $380,000 Real Estate  
Cash Flow $43,000 Year Established 1995
FF&E $62,000* Employees 1 ft, 4 pt

* included in the asking price

** not included in the asking price

This fun downtown Bend store is located in the finest retail area in Central Oregon. Their products are highly regarded by their loyal customer base and loved by children and adults alike. The demographics of the region are providing a continuously growing target market. Their longevity and success provides a deep community loyalty along with solid growth. Opening over 14 years ago, this is a fun retail store to shop in, and a fun store to own. Yet it provides an excellent cash flow to an owner working a reasonable 40 hours per week. This is a turnkey opportunity with all the systems in place. The point of sale system makes sales and inventory management easy and the motion detector security system keeps theft to a minimum. There is a nice website that comes with the business. The store does not depend on the Sellers to operate. The Sellers have hired talented people and have paid good wages to retain them. The store operates very efficiently. The stores key attributes are customer service, quality products, and minimal competition. This business offering includes the free and clear transfer of the following: Trade name Furniture, fixtures and equipment Facility lease Goodwill & future potential Contracts in place Signs & promotional materials Covenant not to compete Web site address Phone and fax numbers Training Business methodology & process Educated and experienced staff Vendor relationships Supplies and consumables Inventory valued at seller cost

Facilities: The location of this retail store is in the main retail walking area. The store has plenty of parking for the downtown shoppers. $4,502.16 month with 4% escalator annually. Expires 11/30/11. Approx 2,250 sq ft plus 250 square feet of basement storage. Lease terms and extension to be negotiated with landlord.

Competition: This business takes full advantage of Bend s family oriented demographics and loved by both children and adults. Because of their excellent selection and equally impressive location, this store has garnered a very loyal customer following. This transfer includes a customer list of over 1,500. There is very little competition in Central Oregon market.

Growth/Expansion: The following are a few of the identified growth factors that may have the potential to improve revenues and earnings. Website sales. They currently do not sell via the Internet. Given their sales to affluent out of area tourists, many would be willing to use their services if convenient. Additional Marketing: There are a variety of ways to connect with the abundance of parents and grandparents the live and visit Bend that have not been implemented.

Seller Financing Available: Yes

Financing: Possible for qualified buyers

Support/Training: Seller will help train new owners and introduce them to vendors. Staff in place fully operates the business and will also be an asset to a new owner.

Reason Selling: Relocation out of state and retirement.

Business For Sale By

Peter May

541.383.2444

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