Home Decor in South Denver selling for less than 2X Earnings
Home Decor in South Denver selling for less than 2X Earnings
Douglas County, CO
A very special 10 year old Décor and Gift shop on a Historic Main street in South Denver, CO
The Store is as perfect as you can imagine, right in the middle of the historic downtown section of this town. They sell home décor specializing in candles, wreaths, garland, potpourri, linens, pictures, lighting, signs, furniture, candles, seasonal items and many local artists.
2015 had revenues of $166,267 with adjusted earnings of $17,083. The top line growth was almost 20% which is a trend that has continued through mid 2016. Their bottom line growth was twice that. The revenues are mostly from walk in traffic that includes a large customer base.
The owner is retiring. She has owned the store for 10 years.
The non-disclosure agreement which can be found in this link: http://companybroker.com/buyer-profile-jeff.htm which will get you the full sales package and name and location of the company. If it is blue you should be able to click on it, if not please cut and paste that to a URL line and it will give you the NDA. Please request the full sales package containing a detailed Data Room with financials and a Comprehensive Video on the entire operation and a full interview with the owner by clicking on the secure web link to the Confidentiality Agreement (CA). If you have any questions or comments on the CA please email me at firstname.lastname@example.org or call me at 303-905-7607. Thank you.
The new owner will have several ways to continue to grow the business which the current owner would be happy to discuss with you. Plus, the new owner has the ability to change the merchandise and evolve the store into their own style and personality. They are on the highest traffic block for people walking around in town. The store was built as a labor of love, but never evolved into being the most profitable it could be.
It is a very positive work environment for either an individual or a family business. This business will not change the day after a new buyer becomes involved. The store is supported by many repeat customers, word of mouth and walk in traffic. The store has a prime location with established accounts, and a great reputation. The new owner will walk into an established business that can continue to grow.
The Sales Price will be $33,500 which is under 2 times their 2015 adjusted earnings plus their cost of inventory which is currently $43,000 and changes with the seasons.
Location: Historic Main Street South Denver, Colorado
Sales Price: $33,500 sales price plus their cost for the Merchandise/Inventory at the closing. All equipment, POS system, racks, etc will be included with the sale. This business will probably not qualify for a bank or SBA loan based on its size. For more specific information, simply email Jeff Chapman at email@example.com.
The owner has handpicked the merchandise based on her personality and knows the store can be more profitable. The store relies on walk in traffic: Please find the link to the data room above to see a video walk through of the store and interview with the owner. The store is in a perfect location in the middle of a high traffic area(both foot and car) with ample parking and surrounded by other retailers and restaurants. It is a central area of a very fast growing old Colorado Town. The town has very aggressive plans for expansion far into the future.
Marketing, Advertising, and Growth Potential: The company has done very little pro-active marketing. The company does have a customer email data base which is an inexpensive means of advertising through Constant Contact. The store can also be found on Facebook which continues to update new merchandise, open houses and sales. They are in the yellow pages and a website.
Employees: The employees love what they do. The company employs 2 part time employees and adds some temporary employees for the holidays. Ownership is comfortable leaving the business for vacations or to spend time with family based on the established systems, procedures, and experienced personnel.
Competition: There has always been competition but the company has its own niche, is on the best block in all of their town, has abundant free parking, and is growing.
Retail Store and Storage Facility Leases: The current retail store has 4 ¾ left on a below market lease that can transfer. The new owner can negotiate their own lease upon taking over the business and the owners don’t believe that there will be any issues either way. It is only $1,740.63 per month,(inclusive of CAM fee's)
The owner will help with the transition of the business. The owner is very interested in seeing the business prosper. The seller will offer full warranties, indemnifications, and further states there have not been any legal or other issues of any kind nor are the owners aware of any items pending. This is a rewarding, positive, profitable business and industry and could be an ideal fit for the right individual or family to acquire. It is a fun business that fits an active positive “lifestyle”.
Thank you for your consideration.
Jeff Chapman Eisnaugle
Company Broker Group, LLC.
This is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections.
Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage.
Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships.
Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.
Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer.
Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required.
Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions.
DISTRIBUTION COMPANY FOR SALE
Los Angeles, CA
Lion Group Investments is pleased to exclusively represent the owner of this import and export distribution company for sale. Well-established since 2005, specialty juice distribution business that has the exclusive right to this juice brand in the west half of the country.
The sale will include a lease to a very conveniently-located/reasonably-priced warehouse in Silver Lake, Los Angeles, California. Plus three transportation vehicles, one forklift, website and all system's/hardware necessary for operations of this business.
Additionally, they are grossing approximately $ 100,000 dollars every month and netting $ 12,000 to $ 15,000 per month. The owner is looking to retire and assures this business is on a steady stream of income.
Anyone interested must complete a Non-Disclosure Agreement (NDA) plus proof of funds for any other additional