Iconic Neighborhood Business With Strong Growth
Brooklyn, NY Kings County
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- RE: Iconic Neighborhood Business With Strong Growth
- Contact: Tom Gesimondo
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $2,195,495 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $518,126 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1974 | |
| Employees: | 9 | |
| BBN Listing #: | 946681 | |
| Broker Reference #: | 83341-669915 |
Business Overview:
Are you looking to invest in a thriving business with deep roots in the community and a loyal customer base? Look no further! This family-owned business has been serving the local community for over 50 years, delivering unparalleled quality and customer satisfaction that cannot be matched by online retailers. With strong reviews and repeat customers this business provides a solid foundation. New owners do not need hands on experience as a strong staff is in place. Management and Marketing skills will fuel then next generations growth.
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Property Features and Assets:
Monthly Rent: $10,000.00
Square Units (Foot, Meter): 2,200
Lease Expiration Date: May 14, 2034, 12:00:00 AM
Market Competition and Expansion:
Competition: The business stands out in the market due to the exceptional in-store experience we offer. Unlike online purchases, we provide a level of quality and customer satisfaction that keeps our clientele coming back. The personal touch, expert service, and high-quality products make us the preferred choice in the community. While competitors focus on online convenience, we deliver an irreplaceable, tactile shopping experience that fosters loyalty and trust.
Expansion: The possibilities for expansion are extensive. A new owner could significantly increase revenue by building out the brand and exploring new markets. One promising avenue is wholesaling our sought-after products to other businesses and restaurants. Additionally, our exclusive, high-demand dog food represents a lucrative opportunity. Optimizing this revenue stream could greatly enhance profitability. With the right vision and strategy, the growth potential is boundless.
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
Documents:
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