76063 RF Religious Books, Apparel, Sunday School Store in Richmond, VA

Richmond, VA (Henrico County)

Seller Financing Available
76063 RF Religious Books, Apparel, Sunday School Store in Richmond, VA
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Asking Price: Get Financing: $250,000

Cash Flow: $53,216

Gross Revenue: $282,257

EBITDA: N/A

FF&E: $26,000

Inventory: $87,000

Lease Rate: $2,200 /Month

Established: 1965

76063 RF Religious Books, Apparel, Sunday School Store in Richmond, VA

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Business Description

This specialty bookstore offers an extensive collection of church items, Sunday school material, minister apparel, specialty religious items, engraved Bibles and books.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,019
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Seller has owned this specialty bookstore for 32 years. Brief period of 2 plus years when business was operated by an individual that failed to meet financial obligations of purchase agreement so Seller took back store.
Competition:
Most stores offering this type of merchandise have closed in recent years. Very limited competition.
Growth & Expansion:
Expand product line to increase sales from more religious denominations. Build website and ecommerce platform. Promote and advertise online. Attend trade shows and conventions.
Financing:
50000.00
Support & Training:
3 weeks
Reason for Selling:
retiring
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Russell Fergusson

Business Listed By:
Russell Fergusson

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad


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