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Great Opportunity to Own an Established, Profitable Business

Leonardtown, Maryland (Saint Marys County)

Retail - Miscellaneous Retail | Retail - General Merchandise Stores

Asking Price $200,000 Inventory $60,000* 
Gross Income $254,000 Real Estate  
Cash Flow $76,000 Year Established 1994
FF&E $5,000* Employees 2

* included in the asking price

** not included in the asking price

Profitable Radio Shack Dealership For Sale

Great opportunity to own an establshed Radio Shack Dealer Store with over 13 years at the same location. Current annual sales of approximately $250,000, with a N.O.I. before payroll of approximately $75,000/year. Located in a very busy shopping center in the center of Leonardtown, MD. (the county seat of St. Mary's County) Lots of potential for a hands-on owner to make a good living in a charming outer suburb of Washington, D.C. Store draws customers from all over southern St. Mary's County, especially from Lexington Park and Patuxent River Naval Air Station, in addition to Leonardtown.

Facilities: Established (13 yrs.) RADIO SHACK Consumer Electronics Dealer Store in busy shopping center in Leonardtown, MD. Price includes all fixtures and inventory. 1,200 sq.ft. store with approximately 1,000 sq.ft. showroom and 200 sq.ft. office with bathroom. High-traffic major shopping center in Leonardtown with approximately 2 1/2 years remaning on current lease. Buyer must be approved by Landlord and Radio Shack. Can sell any manufacturer's products, with minimum annual purchases from Radio Shack required to maintain 'dealer' status.

Competition: Business is unique to the area, and can draw from Patuxent River Naval Air Station, as well as Lexington Park and Leonardtown. Established business with a good reputation and a good customer count.

Growth/Expansion: Owner can sell any manufacturer's products whatsoever, as long as minimum annual purchases from Radio Shack are made to maintain the Radio Shack Dealer designation.

Financing: Minimum financial requirements apply. Call for Info.

Support/Training: Seller will be available to answer any/all questions, and may consider helping with training of new owner in consumer electronics field.

Reason Selling: Seller is ready to retire and enjoy life.

AD # 370259

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