Home Based Retail Business

MN

Home Based Retail Business
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Asking Price: $89,000

Cash Flow: $57,187

Gross Revenue: $148,985

EBITDA: N/A

FF&E: $12,400

Inventory: $25,600*

Established: 1995

*not included in asking price.

Home Based Retail Business

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Business Description

Leather Goods, Hand Bags & Accessories

This business is a unique home based, consumer goods company selling a variety of products and gifts such as fine leather and vegan leather hand bags, wallets, belts, canvas bags, jewelry, sunglasses, etc. The primary source of income is from private corporate and public shows at clinics and hospitals around the Twin Cities area. We currently schedule shows 8 months out of the year, 3-4 days per week (no weekends). Shows usually run 2-4+ hours per day. There is room to add shows the other 4 months out of the year. We have chosen to have those months off. We also travel to Vegas Market twice per year to purchase the products we sell. We have a web page template set up and ready to launch for the tech savvy person who wants to grow the business selling online. The shows are booked a year in advance and all are currently repeating customers. This business has been around since 1995 and due to the unique concept, there is very little competition. 2019 shows are all booked so now would be a prime time for new owners to take over. *shows require a minimum to 2 people to run.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Included in Asking Price: 7x14 tandem axle fully enclosed trailer, 3 rolling racks & hooks with custom covers, 86 storage bins, 7 6' folding tables, 6 brand new roll-up advertising signs, 8 black non-wrinkle table cloths, office & sales supplies, display items, wooden desk/shelves with file drawer and desk chair, storage shelving, business name & logo domain name, Shopify account and complete POS system with ipad, Icontact account with over 3,000 contacts, Google acc (Home Based)
Competition:
Due to the uniqueness of this business, there is very little competition.
Growth & Expansion:
There is plenty of room to add more shows as well as a website template ready to launch if the buyer wishes to do ecommerce sales.
Support & Training:
Seller will fully train and support new owner including attending one Market in Vegas to introduce vendors. Seller is also willing to work a few shows with the new buyer until they feel comfortable.
Reason for Selling:
Retiring and moving out of state to be closer to adult children.
Home-Based:
This business is Home-Based
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Business Listed By:
Jody Klemer

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