E. Broughton Retail (877k Cash Flow) Business and Building For Sale

Asking PriceNot Disclosed

Cash Flow
$877,000

EBITDA$877,000

Gross Revenue$3,147,348

Inventory$500,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

Tourist Shopping Mecca
Retail & Building for Sale
Tourist Shopping Mecca
Retail & Building for Sale
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E. Broughton Retail (877k Cash Flow) Business and Building For Sale


Asking PriceNot Disclosed

Cash Flow
$877,000

EBITDA$877,000

Gross Revenue$3,147,348

Inventory$500,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

Business Description
This well-established boutique retail store is located in the heart of Historic Downtown Savannah, a prime location with high foot traffic from both local residents and tourists. With annual revenues of approximately $3.3 million and an EBITDA of $877k, this business boasts a strong financial performance (53% Gross Profit margin) and a 28% EBITDA margin.

The store offers a mid to high-end retail experience, deeply rooted in the Savannah community. The sale includes both the business and the beautiful multi-story building it occupies. The ground floor serves as the main retail space, while the upper floors, currently used as warehouse and office space, offer potential for conversion into a loft apartment for an owner-operator or as an additional rental unit.

Surrounded by national restaurant concepts and other local retail, this store is situated in a bustling area. This is a unique opportunity to continue the store's legacy or for deeper pockets to obtain prime real estate to create a new retail model in one of the South's most vibrant shopping destinations. The combination of a thriving business and prized real estate makes this an ideal investment for those looking to capitalize on Savannah's growing tourism and retail sectors.

Owner is looking to retire but will stay on with new ownership to help out with vendors and smooth transition.
About the Business
Number of Employees
7
Facilities & Assets
Multi-story building with retail on the bottom floor with the remaining floors as office and warehouse space. There is an original and operating elevator that is used daily for inventory runs.
Market Outlook / Competition
This store has excellent pricing power due to the unique nature of its inventory, location and clientele. Customers are both local customers and tourists alike. This store is extremely attractive for both men and women.
Opportunities for Growth
This business does not have a web presence. Building an online presence would allow this company to stay united with tourists who visited and loved their experience. As well, higher end hotels are entering the very near proximity giving this store an opportunity to raise its product line to an even higher pay customer. It's a great opportunity.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,600
About the Sale
Seller Motivation
Ownership is looking to retire.
Transition Support
Current employees are well versed in sales and running the store. The owners currently work daily management shifts and are looking to retire.
Listing Info
ID
2272362
Listing Views
4662
Attached DocumentsAttachment Disclaimer

E_Broughton_Retail_Teaser.pdf


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Business Listed by: Taylor Frame

Listing ID: 2272362 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.