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Great Little Fairhope Shop

Fairhope, Alabama (Baldwin County)

Retail - Miscellaneous Retail

Asking Price $98,000 Inventory $35,000* 
Gross Income $130,424 Real Estate  
Cash Flow $24,866 Year Established 1993
FF&E $10,000* Employees 1 PT + Owner

* included in the asking price

** not included in the asking price

PRICE REDUCED for this great little specialty retail shop in the heart of Fairhope which has been in business for 14 years. The owner is retiring. The shop operates from an attractive leased location of 1,900 square feet. In its last pre-hurricane year, the store did a gross volume of $301,000 with a cash flow to owner of $114,000. The business was hurt, like all of Fairhope, by the hurricanes but the area is now strongly recovering. In fact, Baldwin County was named recently by a respected economic reporting service as one of the strongest local economies in America. Invest in this business and live in one of the most stunningly beautiful areas of the country with many points of local interest, wonderful dining and shopping and an outstanding educational system. Possible owner financing is available to a qualified buyer.

Facilities: The business operates from an attractive location leased from an unrelated third party at a very competitive monthly rental rate.

Growth/Expansion: The Baldwin County market was recently ranked by Policom, a firm that studies local markets, as the 11th strongest micropolitan economy in America and the number one local market in the 6 state region! This is out of the 674 local markets studied by Policom.

Support/Training: The seller is fully committed to a seamless transition and will spend whatever time and effort is necessary to train a new owner.

Reason Selling: Retirement

AD # 397644

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