Home Decor Retail Store

Newburgh, IN (Warrick County)

Home Decor Retail Store
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Asking Price: $39,000

Cash Flow: $50,000

Gross Revenue: $255,000

EBITDA: N/A

FF&E: $15,000

Inventory: $3,000*

Rent: $2,200 /Month

Established: 2014

*not included in asking price.

Home Decor Retail Store

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Business Description

Retail store has a variety of product type and nicer product lines. Growing revenues at 10%+ annually. Most are home decor or furnishings, with both new product lines from a variety of manufacturers and high end, clean resale. The exact product mix and store layout changes in order to keep customers engaged and coming in frequently. Owner can help new buyer with wholesale sources for new products. Product pricing is affordable. Low overhead has allowed the owner to make an attractive net income. Priced well below market.

Detailed Information

Location:
Newburgh, IN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased Commercial Retail Space with good lighting, lots of parking, high traffic count, and easy access.
Competition:
Retail stores exist all over Newburgh and the east side of Evansville. Revenues of this business continues to increase 10%+ annually. The key is to carry products that people want and have pricing they can afford.
Growth & Expansion:
Gross revenues can easily be increased with this business with additional business hours and either advertising or selling online.
Support & Training:
Seller will provide sufficient training for a successful transition.
Reason for Selling:
Retirement
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Scott Lands

Business Listed By:
Scott Lands

Indiana Equity Brokers

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Sponsoring Broker:
Troy Frank

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