Popular Tourist Attraction and Speciality Retail shop

Chattanooga, TN (Hamilton County)

Popular Tourist Attraction and Speciality Retail shop
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Asking Price: Get Financing: $375,000

Cash Flow: $80,000

Gross Revenue: $350,000

EBITDA: N/A

FF&E: $80,000

Inventory: $100,000

Lease Rate: $3,100 /SF/Month

Established: 2013

Popular Tourist Attraction and Speciality Retail shop

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Business Description

Founded in 2013 this business has focused on creating an avid market of return customers from both Chattanooga locals and tourist alike. This business and their customers have been featured by the Chattanooga Visitors Bureau as a main attraction for the City year after year. As Chattanooga and tourism continues to grow YOY this business will naturally rise with the tide. This business has a historically predictable revenue, incredible goodwill, and is positioned to seize new opportunities for growth in 2019. This business is catered towards tourism, recreational activities, and sports innovation. If this sounds interesting to you, please reach out for additional information.

-Predictable and steady revenue.
-Low touch, competent staff in place to manage operations.
-Little to no direct competition.
-Solid base with massive growth potential.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
5/1/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All assets of the business for sale and included in the asking price: -Goodwill -Customer database of over 10K customers -Website and all relevant domains -Social media accounts and mailing lists -Inventory -Vendor exclusivity and contracts -All operations / policy and procedure guidelines -Fixture and Furniture -Business Equipment
Competition:
Little to no direct competition
Growth & Expansion:
Diversified revenue streams to mitigate risk. 3-4 routes for aggressive expansion.
Financing:
No Seller Financing
Support & Training:
Owner is willing to help with transition period to ensure success of new owner. New owner can assume all vendor contracts and relationships.
Reason for Selling:
Owners focusing on other high growth opportunity
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Business Listed By:
Business Contact

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