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- RE: Profitable Bay Area Specialty Retail
- Contact: Kresimir
- License #: 01484102
Quick Facts
| Asking Price: | $954,000 | |
| Annual Revenue: | $1,704,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $309,536 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $60,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | 4 | |
| BBN Listing #: | 982556 | |
| Broker Reference #: | BIZEX1459-KP |
Business Overview:
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
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Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
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