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Profitable Specialty Products Retail Store
Location Texas,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $18724200
Net Profit / Cash Flow $1846135
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1976
Number of Employees 35 - 49
Inventory 1942000
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training Owner will negotiate training and transition agreement and post-sale employment agreement if desired
Reason for Sale Retirement
Description A unique superstore in Austin, Texas serving customers in Central Texas and beyond is available for immediate acquisition. The business offers retail sales, service, rentals, repairs and educational classes for its in-demand products. Guided by the founder, the store has seen continued growth and profitability even during the most dramatic economic challenges of the last several years. Strong commitment to outstanding customer service and a one-stop shopping experience has led to an outstanding reputation and impressive growth in the Austin, Texas area and beyond through internet sales. Significant upside by growing online sales, which to date account for only 10 percent of revenue. Well-trained professional sales staff work the retail floor and are known for their expertise and educational approach to selling. Repair, rentals and educational classes are high margin revenue categories and increase customer loyalty and retail sales. The company has consistently improved by staying relevant and forward-thinking in an industry that continues to see innovation and change. Very strong management team with years of industry experience. Austin, Texas continues its impressive growth as one of the fastest growing markets in the country, and the business is continuing to growth, with significant growth projected for 2013. Proven business model is well suited for duplication in selected markets around the nation. Owner is planning an orderly exit for eventual retirement but is prepared to negotiate post-sale employment agreement if desired, depending on deal structure. Contact us today for more information at or 512-349-7100.
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