2 Impressive Retail Locations With Hard To Acquire Brands In Place

Richmond, VA (Richmond City County)

2 Impressive Retail Locations With Hard To Acquire Brands In Place
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Asking Price: $900,000

Cash Flow: N/A

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $100,000

Inventory: $415,000

Real Estate: N/A

Established: 2011

2 Impressive Retail Locations With Hard To Acquire Brands In Place

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Business Description

If You Are In Retail Or Want to Be You Must Have These Stores

RVA Business Brokers is pleased to present these two very upscale retail locations for sale in different cities with brands that are highly sought after in both towns. These locations are the envy of upper end retail shops.

Owner has over the years had another complimentary business where these locations were founded and an opportunity has presented itself and this is the reason for sale.
You will be impressed with the mix and variations of revenue in these upper end stores.

Take advantage of a quick close for a lesser price (currently 900k going higher after Sept 1 due to pending 1031 exchange) and for the pending holiday season where nearly 60% of revenue is earned from September 1 to end of year. A cash cow last 4 months of year.

If interested in learning more go to rvabusinessbrokers.com/online-nda and complete.

Detailed Information

Location:
Richmond, VA
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities are FIRST CLASS among nicest in both cities.
Growth & Expansion:
In one metro location - the possibilities in RVA are endless - we are so new there we need to really beat the bushes and get out into the community for more networking. In the other location:in a nutshell -feel like we've hit the "bulk" of who are shoppers will be and they are very loyal.  we probably only have 1-2 new customers a week in the store here, but basically, we are VERY good about 'clerking and clienteling' and learning who likes what and calling them when we have new arrivals that fit what they like.  I think they can improve by reaching the surrounding communities more -- so specifically the higher end households in those locations.  Even focusing on 2-3 new customers a month in the 3-4 surrounding counties would be a massive help to our bottom line.
Support & Training:
Managers in place and owner has minimal interaction due to other business running simultaneously.
Reason for Selling:
Owner has over the years had another complimentary business where these location
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Dan Daniel

Business Listed By:
Dan Daniel

RVA Business Brokers

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