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Antique Store For Sale
Location Louisiana,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $345000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 4 - 5
Inventory 750000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training 2-3 months as needed.
Reason for Sale Retirement.
Description Premier antique and home furnishing retail outlet for sale by retiring owners. Antique store is the anchor to an attractive 5 unit strip center, which is also available for sale with the antique business. Excellent location in a high end area, heavily traveled thoroughfare of Baton Rouge. Great opportunity for designer/owner for sales growth and real estate appreciation.
The antique store has a stunning collection of authentic Colonial British, French and continental antiques numbering well over 4,000 pieces. Most circa dates are 1830-1860. The collection of oversized 19th century beds, armoires, libraries, and linen presses is unsurpassed. The 4,000 + sq.ft. Retail showroom is impressively decorated and supported by over 10,000 + sq.ft. warehouse. Location draws customers from south Louisiana and has delivered coast to coast to out of state customers attracted to Louisiana during Pilgrimage and Mardi Gras seasons.
Strip mall is placed 1.6 +/- acre, zoned C2. Total leasable area is 12,800 sq. ft. on ground floor and mezzanine floor of approximately 5,000 sq. ft with high ceilings. Warehouse is 10,000 sq. ft. Other than the antique store location, there are 4 additional rental units, which can produce rental of $96,000/yr.
Owners prefer to sell business and real estate together, but would consider selling business and antique inventory separately. Real estate not for sale without business.
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