Profitable, Established Large Souvenir/Retail Store

Surry County, NC

Seller Financing Available
Profitable, Established Large Souvenir/Retail Store
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Asking Price: $425,000

Cash Flow: $100,000

Gross Revenue: $350,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $850,000*

Established: 1999

*not included in asking price.

Profitable, Established Large Souvenir/Retail Store

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Business Description

Located in a very popular western North Carolina tourist town, this profitable retail business caters to the thriving tourist flow of its location. The company owns the copyright to an exclusive logo that has become the heart of the community and is the sole retailer of these branded products. Not only does the business sell their product in their 15,800sq. ft. facility, they also are a wholesale distributor of their products to surrounding local shops and convenience stores. Additional income is also earned through retail rental spaces in the other part of the building. The copyrighted logo is part of the sale.

Detailed Information

Location:
Surry County, NC
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
15,800
Employees:
3 PT
Facilities:
This is a 15,800 sq. ft. historic building featuring 3 floors located on a main street. The building has a beautiful store front that is very inviting to tourists. The store is set up to rent to 20 plus additional vendors and is currently full with a waiting list.
Competition:
The location of this business is ideal for the products being sold. Because of the copyright, the buyer will have exclusive products that are in high demand in this very busy tourist town.
Growth & Expansion:
Expansion of the business can easily be achieved by increasing the online presence and marketing to more retailers in the area. There is also 3,000 sq. ft. of finished space that is not being used at this time that could easily be turned to leaseable space.
Financing:
Seller financing available to qualified buyer
Support & Training:
Owner is willing to stay on 4 weeks for training as needed.
Reason for Selling:
Retiring
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Bryan Moody

Business Listed By:
Bryan Moody

Discreet Business Brokers, Inc.

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