Specialty Business with Recession Resistant Market Niche
Allen County, IN
| Asking Price: | $814,632 |
| Gross Revenue: | $1,211,461 |
| Rent: | $9,006.68/Month |
| FF&E: | $169,874 |
| Cash Flow: | $212,477 |
| Inventory: | $147,811 |
| EBITDA: | $212,477 |
| Established Year: | 2001 |
Listing ID: 2106354Listing provided by BizBuySell
BUSINESS DESCRIPTION
This niche business thrives in all economic cycles, including recessions. It has a niche core customer base. The business is a destination point attracting customers far and wide. Its experienced employees are reliable and have been integral in maintaining a loyal customer base for over 20 years with a constant flow of referral business. The business has a fine reputation and has always been highly profitable. Ownership is selling the business to enter into semi-retirement in order to travel and spend more time with children and grandchildren.
DETAILED INFORMATION
Location
Allen County, IN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
8,000
Lease Expiration
31/08/2032
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is primely located among several national branded businesses. It has a sweetheart lease for 8000 square feet of highly desirable retail space.
Competition
The business has a competitive advantage over competitors because of its' unique market niche.
Growth & Expansion
The business can grow further with hands-on ownership and more attention to sales and marketing.
Financing
Bank financing available to qualified buyer.
Support & Training
Negotiable
Reason for Selling
Semi-Retirement
Franchise
This business is an established franchise
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