Retail - Miscellaneous Retail | Retail - Apparel & Accessory Stores

Asking Price	$65,000	Inventory	$14,000**
Gross Income	$100,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2003
FF&E	$5,000*	Employees	3 part-time.

* included in the asking price

** not included in the asking price

This is a rare opportunity for the passionate entrepreneurial type to live out their dream! Our store has truly become a destination in Newark. Well renowned in town for its vintage clothing and accessories, unique offerings and artistic displays, this turn key operation can be yours. Offering price includes all antique and vintage inventory ($14,000 owner cost), supplies, displays, signage, goodwill, name recognition, etc.

Facilities: Store is located in a Victorian-era home on Newark s Main Street, and occupies 2,500 sq. ft. of which 1,800 is available for merchandise display. In addition, the house features a large wrap-around porch which can also be used for outdoor display. Attic and basement storage is available. Ample free parking in busy building complex of over 25 free standing vibrant businesses. Property is leased at appx. $2,000 / month.

Competition: We are part of the University of Delaware experience, with 4000 new freshman arriving each August and over 25,000 students living around and buy from us from September through May. The same Newark city block houses an antique store that has been open for over 25 years. This serves to drive traffic to our store as our merchandise is similar, but complimentary and we always refer customers to each other.

Growth/Expansion: Location within the NE Corridor as well as within the downtown Newark area and proximity to U. Delaware a tremendous plus in generating store traffic. Opportunity exists in enhancing merchandise offerings to improve sales yields on this traffic. UD provides a new crop of 4,000 freshmen each year who frequent the store and thus present a strong potential marketing opportunity.

Financing: $25000 3 years 8%

Support/Training: Owner will stay on as needed to assist in transition. Offering two weeks at no cost.

Reason Selling: Owner would like to pursue family interests.