Island Retail Business
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $750000
Net Profit / Cash Flow $242037
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 1 - 3
Inventory 65000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training As needed for a smooth transition.
Reason for Sale Retiring
Description Asking: $750,000
Gross: $1,100,000
Cash Flow: $242,037
Furniture, Fixtures & Equipment: $65,000 (Included in Price)
Inventory: $45,000 (Included in Price)
The company has been a year round business operating profitably since 1989 with both retail and commercial customers. The owners have experienced a 9% growth in revenues in 2012 and forecast similar increases in 2013. There are a number of unique niche markets that can be added to the current business and the seller is willing to help implement any new expansion.
The business is located in a commercial condominium that is the business hub of the town. The retail space is 1,300 sq. ft. and it has a full working basement. There is plenty of designated parking spaces and the owners are willing to negotiate a long term lease on the property.
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