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- RE: Hobby Retail Store Franchise In Kent County RI
- Contact: Charles Helms
Quick Facts
| Asking Price: | $709,000 | |
| Annual Revenue: | $1,154,752 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $124,030 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $12,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | 11 | |
| BBN Listing #: | 979860 | |
| Broker Reference #: | 23220 (709K) |
Business Overview:
An excellent opportunity to purchase a thriving Hobby Retail Store franchise in Kent County, Rhode Island. The 2024 YTD through August owner benefit and revenues are already 69% and 8% over the prior year, respectively. The 2023 revenues exceeded $1.1 Million and the owner benefit was over $124K. This established store is well positioned for continued growth with the experienced staff and great vendors already in place. In addition, there is excellent potential to grow the business, which is consistently growing and increasing in popularity within the community. There is $75K value of inventory and $12K value of well-maintained furniture, fixtures and equipment (FFE) included in the purchase price. Contact us now to learn more about this exciting opportunity!
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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 a franchise resale opportunity
Relevant Links:
- View more Rhode Island businesses for sale
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