Profitable Bay Area Specialty Retail
Asking Price: | $954,000 |
Gross Revenue: | $1,704,000 |
Rent: | $10,600/Month |
Established Year: | 2003 |
Cash Flow: | $309,536 |
Inventory: | $64,000 |
FF&E: | $60,000 |
20 year old niche specialty retail company offers product sales, installation and service. The company operates out of a high traffic downtown showroom location. The company's customers come from a 30 mile radius from the showroom.
Large product selection
One stop shopping from design and fabrication to installation and service
Low working capital requirements
High traffic downtown location
Showroom location has excellent demographics with median household income above $174,000 and median home value above $1.8M as of 2022
Customers pay for product in advance minimizing accounts receivable risk
Discretionary earnings increased from 2022 to 2024
Gross profit increased and hit a record level in 2024
Revenues decreased slightly from $1.87M in 2022 to $1.70M+ in 2024
Significant upside growth potential for the right buyer