Profitable Home Accent and Design Business

NH

Profitable Home Accent and Design Business
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Asking Price: $795,000

Cash Flow: $319,914

Gross Revenue: $904,166

EBITDA: N/A

FF&E: $249,000

Inventory: $275,000

Established: 2005

Profitable Home Accent and Design Business

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Business Description

This solid, established and profitable niche specialty store has much to offer including impressive sales growth year after year! Service and expertise along with the store’s charming overall appeal keep customers coming back to purchase. About 45% of customers are repeat and the numbers keep growing. The owners have built a solid business with a substantial detailed customer database for advertising and marketing purposes. The business is well-established in the community and continues to add new customers through referrals. There is an exceptional opportunity for an owner/operator or partners to expand this business by joining networking groups in the community, strengthening relationships and expanding the customer base. The business is a small step away from being at the seven-figure level of sales and implementing these activities can propel sales to that level. The business has industry trade advantages that makes it profitable and at the same time able to offer competitive prices and compete with online stores and other limited retail stores. The store is in an ideal location in New Hampshire in a busy, vibrant, downtown area on a highly traveled road and offers plenty of parking. The store has recently been remodeled and upgraded and the overall effect is quite appealing. The store employees are well trained and have been with the company for several years. The building is owned and not leased which helps to reduce overhead expenses. The business including $249,000 of furniture, fixtures and equipment, supplies, client database, goodwill, transitional training to a new owner and access to industry trade advantages and incentive programs and +/- $275,000 worth of inventory are available for an offering price of $795,000. The real estate is also available at $375,000.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is in a 2145 square foot nicely appointed retail space in a busy plaza.
Support & Training:
Support and training during the transition is available.
Reason for Selling:
The owner is selling to pursue other intersts.
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Contact the Seller

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Leon Parker, CBI, President

Business Listed By:
Leon Parker, CBI, President

New Hampshire Business Sales, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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