Retail business for sale
Fargo, ND
| Asking Price: | $695,000 |
| Gross Revenue: | $705,000 |
| Established Year: | 2019 |
| Cash Flow: | $144,750 |
| Inventory: | $150,000 |
Listing ID: 2208196Listing provided by BizBuySell
BUSINESS DESCRIPTION
Opportunity to acquire a leading retail operation in the Fargo-Moorhead metro, with outstanding year-after-year revenue history. This unique retailer has a proven business and marketing strategy with limited local competition and in which most of the products are not impacted by the Amazon Effect. This business opportunity has low overhead with a high net return averaging over 20%. In addition, this proven concept has the potential for significant future expansion. Begin a new era with a proven business model and begin earning a great living. THIS IS A CONFIDENTIAL LISTING, NON DISCLOSURE AGREEMENT REQUIRED
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
1
Facilities
The sale includes all fixtures racks, marketing materials, back of the house supplies and displays with the stores premise. Point of Sales System: company utilizes the Square Point of Sale system, which includes 5 systems, 3 for in-store use and two for backup or for when they run a satellite/pop-up location. The system allows for all major credit cards as well as the use of gift cards. The system allows management to have real-time access to daily sales and history of the store from either their phone or desktop.
Competition
The Primary market is the greater Fargo-Moorhead area with a regional population of over
238,000.
This business is uniquely positioned as the only exclusive vendor of local/regional products that are high turnover and in demand by the consumer.
Growth & Expansion
Owner has had requests to provide similar stores servicing several additional markets communities. Each has adequate demographics to support the store’s growth potential.
Financing
Owner financing (carry) may be available under the appropriate terms.
Support & Training
Owner will consider staying on for sixty (60) days to train the new owners. (Terms may apply)
Reason for Selling
Retirement
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