Wonderful Retail Shop in Heart of Historic District

Saint Augustine, FL (Saint Johns County)

Seller Financing Available
Great Clothing and Jewelry
Contact Seller

Asking Price: $270,000

Cash Flow: $134,450

Gross Revenue: $291,145

EBITDA: N/A

FF&E: $4,000

Inventory: $32,000

Rent: $3,500 /Month

Established: 2005

Wonderful Retail Shop in Heart of Historic District

Save Print Share Valuation Report

Business Description

Long-established, brand and high recognizable retail store in the heart of St. Augustine's historic area. Wonderful mix of women's clothing, jewelry, accessories and home furnishings. High margins on wide array of goods. Long-term lease. Great support from seller with the opportunity to travel to the countries of origin to meet the artists. Financials are based on an owner operator. Inventory has a value of approximately $32,000 but a retail value of more than $128,000.

Detailed Information

Location:
Saint Augustine, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
600
Lease Expiration:
8/31/2020
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great location in the historic district.
Competition:
Lots of retail competitors, but this one stands out. Many visitors have become repeat customers,
Growth & Expansion:
Possibility to add new locations.
Support & Training:
Seller will train and support a new owner and invites the new owner to visit the craftsmen and go on buying trips.
Reason for Selling:
Nearing retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Jon Hunt

Business Listed By:
Jon Hunt

Florida Business Exchange, Inc.

Show Phone Number

View My Listings


Sponsoring Broker:
A. Bert Risdon, B.C.I.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1631957 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Monkee's Boutique Franchising

Franchise Opportunity In FL
Capital Required: $200,550