Large Multi - Departmental Retail Store
Location Texas,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $7100000
Net Profit / Cash Flow $2700000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1963
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training Seller will assist with transition.
Reason for Sale Not Given
Description Excellent, consistent growth of both profit margins and cash flow. 10 - 15% growth year after year. 45+ year old business with community ties and loyal customer base strong enough to support and maintain consistent business growth despite the influx of large retail chain stores. Affiliation with nationwide franchise enables the store to provide a wide range of quality products at reasonable prices with significant multi-media marketing. Ability to meet customer needs due to size and commitment to provide consistent quality customer service, appropriate to the specific needs of the local community. Opportunity for business expansion exists through purchase of additional adjacent property. The store is located in the heart of one of the rapidly growing communities surrounding the Dallas-Ft.Worth Metroplex. Customers are both local and from the surrounding counties. Customer visits average about 3,000 per day with this number growing continuously.
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