Profitable Established Retail Business in Prime Austin Location

Austin, TX (Travis County)

Seller Financing Available
Profitable Established Retail Business in Prime Austin Location
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Asking Price: $375,000

Cash Flow: $167,439

Gross Revenue: $1,037,529

EBITDA: N/A

FF&E: $25,000

Inventory: $250,000*

Rent: $3.10 /Month

Established: 1984

*not included in asking price.

Profitable Established Retail Business in Prime Austin Location

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Business Description

Since 1984, this jewel of a business has been a staple boutique retail store serving Austin's high-end customers, specializing in Home Decor and unique products with limited area competition for like products.

You will love the LOCATION of this upscale boutique retail store

Very customer oriented with well trained employees and loyal customer base.

The current owner has operated the store successfully bringing sales consistently above $1MM each year while consistently managing costs for healthy gross margins and frequent inventory turns.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,881
Lease Expiration:
10/1/2021
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1881 Sq.ft in prime retail location in the heart of Austin. Additional storage warehouse in a separate location with 1200 sq.ft.
Financing:
Seller may be open to financing a portion of the sale to a qualified buyer.
Support & Training:
Seller is eager to train the new owner in ALL aspects of the business management, from purchasing, marketing, customer relations and employee development. The seller is OPEN to assistance for a longer than average post sale period.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Jim Pringle

Business Listed By:
Jim Pringle

Capitol Business Advisors

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