Major three location branded retailer of casual furnishings. Major three location branded retailer of casual furnishings.
Revenues of $3,072,515 in 2015 and First Half 2016 revenues are $2,412,675 which is 24% higher than same period 2015 and bottom line is up 45%.
Very high traffic locations at two state lines. This company is a standalone operating division of a larger holding company with unrelated business holdings.
Unique business model which delivers an unusually good financial performance with growth.
Full year preliminary 2015 results just received and they confirm growth.
Price includes real estate at main retail location with an asking price of $2,750,000. Real estate is being managed by a third party RI licensed broker. The operating business and real estate must be acquired together. Leasehold improvements exceed $370,000.
Unusually profitable niche retail business with top branded lines and many repeat customers. Further upside possible by growing the existing high quality ecommerce web site.
This highly confidential sale-one of the largest business for sale listings in the Northeast--is a potential match with strategic buyers, high net worth investors seeking to leverage their marketing abilities, and serious on-line investors who can transition a cash generating brick and mortar powerhouse to a major on-line presence.
The marketing of this listing is supported by both high quality CPA prepared financial statements and an independent CPA prepared third party valuation.
Executive summary provides detailed overview.
Very few listings in the Northeast market offer this combination of this level of cash flow with a high quality real estate asset.
Asking Price $5,535,000
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