Retail Chain For Sale
Location Maryland,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $14367000
Net Profit / Cash Flow $889000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1964
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Leased
Training Owner will provide a reasonable transition period.
Reason for Sale Owner wishes to retire.
Description Our client is a privately held Company in the business of operating a very well known, and high profile regional retail chain. The Company has significant brand recognition and has a concentration of stores in a densely populated regional area of the Mid-Atlantic States. The Company provides an excellent variety of unique and affordable outdoor living trends and a wide selection of accessories. Because of its tremendous buying power and conscientious staff, the Company takes great pride in its long business history of providing exceptional value at all price points in every department to its customers. Only serious, financially qualified buyers will be considered.
Competition exists with national retail chains and local independent stores, however none have proven to be serious competitors for several reasons, including our client s brand recognition, large selection of merchandise at all price points, and large number of stores in the marketplace, to list a few. Opportunities for growth and expansion exist and will be shared at the appropriate time.
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