37535-Retail European Antiques, Property Included!

TX

Seller Financing Available
37535-Retail European Antiques, Property Included!
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Asking Price: $610,000

Cash Flow: $60,000

Gross Revenue: $166,000

EBITDA: N/A

FF&E: $8,000

Inventory: $61,000

Real Estate: N/A

Established: 2004

37535-Retail European Antiques, Property Included!

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Business Description

All-inclusive! This retail operation specializes in importing unique European antiques such as furniture, decorative accessories, art, garden and architectural salvage. Located in Southeast Texas with a high traffic location, the 9,000-square foot facility is valued around $400,000 and included in the sale. It features a storefront, showroom, storage and work spaces. The attached two-bedroom apartment with separate entrance would be beneficial for an out of town buyer. In addition, the company leases space to other boutique shops within the store to generate additional revenue and to ensure new arrivals in inventory weekly. With its range of exquisite products, marketing efforts target individuals, interior designers and commercial enterprises within Southeast Texas and Southwest Louisiana. Last year, the total revenue was $166,103 with Seller’s Discretionary Earnings of $59,520. There are still several avenues for growth available. Some examples include online sales, attending antique fairs, auctions, or becoming a certified appraiser. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its’ reputation with existing ones. Contact IAG today for more information on this “antique shop!”

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Reason for Selling:
Approaching retirement
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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