Internet retailer with brick and mortar store
Business Description
This retail business has been in the RVA area for over 35 years. It sells luxury niche products to homeowners throughout the area and nationwide. 40% of sales are generated from the website with direct shipping from the manufacturer to the customer. This segment is highly profitable and can stand alone.
About the Business
- Years in Operation
- 35
- Employees
- 3
- Facilities & Assets
- The showroom is located in the heart of the city and easily accessible to all areas.
- Market Outlook / Competition
- The demand for the products that this business sells is expected to grow by 5% annually for the next 5 years. There is also an opportunity to increase sales through internet visibility. Approximately 40% of current sales are directly shipped from the manufacturer to the customer, with no inventory involved. This opportunity can be significantly expanded through advertising and internet marketing.
- Opportunities for Growth
- Achieving nationwide sales is definitely within reach if the new owner prioritizes internet marketing.
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,750.00 per month
About the Sale
- Seller Motivation
- After 30+ years in the business the owner is ready to retire after a smooth hand
- Transition Support
- Following the closing, the owner will be on hand to ensure a smooth transition of customers, suppliers, and other associated parties to the new owner.
- Financing Options
- A small amount of financing that will allow a buyer to get an SBA loan is possible.
Listing Info
- ID
- 2247155
- Listing Views
- 3362
Listing ID: 2247155 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.
