Successful Wholesaler with Retail Outlet (Reduced Price)

Houston, TX (Harris County)

Merchandise Floor
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Asking Price: $200,000

Cash Flow: $78,000

Gross Revenue: $545,000

EBITDA: N/A

FF&E: $30,000

Inventory: $350,000*

Rent: $14,949 /Month

Established: 2006

*not included in asking price.

Successful Wholesaler with Retail Outlet (Reduced Price)

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Business Description

Profitable Wholesale Business with Retail Outlet (Reduced Price)

Independent Wholesaler of Perfume, Ladies Purses an other Fashion Accessories. The business which includes a Retail Store generates over 14% discretionary cash flow. The store currently offers perfume, jewelry, fashion accessories, toys and adult & children’s clothing and shoes (and other services). This business is ready for a smart business person to capitalize on the current success and increase business.

Detailed Information

Location:
Houston, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
11,200
Lease Expiration:
N/A
Employees:
3 - 5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 12,000 sf space is an open and easily adaptable area for marketing a variety of products. Clientele of neighboring businesses frequently visit the store to shop and buy products. That complementary relationship with adjoining retailers feeds continuing business.
Competition:
The store has handled both wholesale and retail business. The business has been the dominant wholesaler in the market area in their product categories. For the retail business, the store continues to enjoy the high traffic from the location and the other businesses in the center. The retail business has cultivated a loyal clientele because the store remains well tuned to the needs of local customers. “They know they will find what they need at the store.”
Growth & Expansion:
Based on the market they serve, the store can add additional money transfer services. Other product categories that present opportunities are cell phones, gold jewelry, party supplies, electronics and key copying services. All of these categories provide opportunities to increase revenue.
Support & Training:
2 weeks training
Reason for Selling:
Family reasons and other investments.
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Contact the Seller

(from currently available funds)
 
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Michael McEntee

Business Listed By:
Michael McEntee

Michael Owen Properties LLC

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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