Profitable Local Biz - Semi Absentee Own
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $312000
Net Profit / Cash Flow $97000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 4 - 5
Inventory 369135
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Seller willing to provide training; 2 weeks standard, additional negotiable if required.
Reason for Sale Seller wants to focus attention on other business opportunities.
Description Only $299k!
Fantastic opportunity to take over a profitable local business with a strong track record and loyal customer base. This retail store was started ten years ago in one of Austin's coolest areas and has since grown into a well-known local establishment. Take advantage of the fact that the sellers have refined all of the business operations including procurement, inventory management, and marketing!
The business has developed a strong reputation in the Austin area over the years. This has led to a satisfied customer base and has created a powerful word-of-mouth referral engine. Web and digital marketing efforts, however, generate most of its new business. Well-established website and shopping cart with high organic Google page rank Highly-frequented Facebook page Large customer database (3,000 subscribers); 1-2 email promotions per month Favorable Yelp reviews
This biz is turn-key-In addition to being an inherently simple business model w/low overhead, seller is willing to train new owner during transition in all aspects of biz processes needed to continue running the business (procurement, retail, inventory, etc..). New owners will benefit from cont growth in the immediate vicinity as well as several major residential and commercial developments in the area! The marketing budget is currently a very small % of total sales!
Located in a modern mixed use business complex; shop is approximately 1,200 square feet. Shares retail center with highly trafficked businesses. Lease expires in 2015 with option to renew
Seller willing to provide training; 2 weeks standard, additional negotiable if required.
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