Established Retail Store
Location Alabama,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1778704
Net Profit / Cash Flow $499578
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Personal.
Description Very profitable Romance Retail Store Owner Motivated. Price Reduced. Upscale boutiques (2 locations) that sells Toys, Books, Clothing, Wine, Beer and Tobacco. This business is the Oldest, Biggest and Best in the city, virtually no competition. The current owner understands PR, this business stays in the news for positive contributions to the community. The store recently ran a promotion where they worked with local law enforcement to run a Guns for Toys campaign that got coverage by the national media. Everyone in the city knows of this business and business is booming. Owner is very motivated to sell. Even though revenue is up over last year, because this is a recession proof industry, the asking price has been reduced significantly. The owner has other business interests and wants to sell this business. She has been in business 17 years and she has been very successful but she wants to move on to new challenges. She is an absentee owner who lives in another state and rarely comes to the stores
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