E. Broughton Retail (877k Cash Flow) Business and Building For Sale
| Cash Flow: | $877,000 |
| Inventory: | $500,000 |
| FF&E: | $150,000 |
| Gross Revenue: | $3,147,348 |
| EBITDA: | $877,000 |
Rare Opportunity to Own a Thriving Boutique and Historic Real Estate
This well-established boutique retail store is located in the heart of Historic Downtown Savannah, a prime location with high foot traffic from both local residents and tourists. With annual revenues of approximately $3.3 million and an EBITDA of $877k, this business boasts a strong financial performance (53% Gross Profit margin) and a 28% EBITDA margin.
The store offers a mid to high-end retail experience, deeply rooted in the Savannah community. The sale includes both the business and the beautiful multi-story building it occupies. The ground floor serves as the main retail space, while the upper floors, currently used as warehouse and office space, offer potential for conversion into a loft apartment for an owner-operator or as an additional rental unit.
Surrounded by national restaurant concepts and other local retail, this store is situated in a bustling area. This is a unique opportunity to continue the store's legacy or for deeper pockets to obtain prime real estate to create a new retail model in one of the South's most vibrant shopping destinations. The combination of a thriving business and prized real estate makes this an ideal investment for those looking to capitalize on Savannah's growing tourism and retail sectors.
Owner is looking to retire but will stay on with new ownership to help out with vendors and smooth transition.
