Great Cashflowing Turnkey business in downtown Bellevue
Asking Price: | $365,000 |
Inventory: | $2,500,000 |
EBITDA: | $75,000 |
Established Year: | 1991 |
Gross Revenue: | $90,000 |
Rent: | $4,200/Month |
FF&E: | $15,000 |
Luxury rugs & tapestries, with 40 years high end clientel list
Established Oriental Rug Gallery in Downtown Bellevue – $2.5 Million in Inventory, Excellent Cash Flow & Room for Growth
This well-established Oriental Rug Gallery has been a trusted part of the downtown Bellevue community for over 43 years. With a strong reputation, loyal clientele, and over $2 million in retail inventory, this is an excellent opportunity for a new owner to step into a business with great cash flow and room for growth.
Key Highlights:
43 Years in Business: A respected name in the community with decades of success in the luxury home décor market. Fantastic yelp reviews over 20+ years of history https://www.yelp.com/biz/oriental-rug-gallery-bellevue?osq=oriental+rug+gallery
$2.5 Million (1,300 pieces) in Inventory Included: The sale includes a vast collection of high-quality, handwoven rugs that have been carefully curated over the years.
Below-Market Rent: The current lease is below market value, offering an excellent opportunity to keep operating costs low while enjoying a prime location in downtown Bellevue.
Great Cash Flow: The business has consistently delivered strong financial results with a solid yield and profitable cash flow.
SBA Financing Opportunity: This is a prime candidate for SBA financing, making it a great option for buyers looking to secure a loan and take over a thriving local business.
Growth Potential:
Untapped Marketing Potential: The business has not invested in any marketing for over 10 years. With the right marketing strategy, there is substantial room for increasing visibility and attracting new customers.
Expansion Opportunities: There is significant potential to diversify the product offering, such as incorporating modern rugs and other home décor items to appeal to a broader audience.
Increase Online Presence: Expanding into online sales or enhancing the website could help grow the customer base and increase overall revenue.
This business offers an ideal entry point for someone looking to operate a profitable, established business in the luxury market with substantial upside potential. The combination of low rent, great cash flow, and significant opportunities for growth makes this a strong opportunity for the right buyer.
Contact today for more information on this turn-key business opportunity!
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