Since 1875
Business Description
Turn key operation for well established, staffed retail business, carrying many of the best known exclusive brands in the industry. Option to extend lease every 5 years through 2039.
About the Business
- Years in Operation
- 21
- Number of Employees
- 3
- Facilities & Assets
- In addition to retail space, the downstairs offers dry full storage area, office space, workshop area, restroom. The store front features a large walk-in window display area. The sidewalk is protected from elements with overhead coverage. Computer, cash register fixtures, displays and website domains included. Daily sales records and vendor information will be provided.
- Market Outlook / Competition
- The business is in a prime location closest to primary parking garage and main parking lots in the heart of downtown as you come onto Main Street. It’s a busy city with heavy foot traffic daily. The store has a long standing history of repeat local customers and recreational visitors searching for exclusive items to the industry as well as quality goods that have carried its favorable reputation. The closest competitor in the main industry is Boston.
- Opportunities for Growth
- There is a great deal of upside potential for growth by expanding store hours, implementing e-commerce and social media marketing that is currently un utilized . Onsite repair, alterations, engraving and embossing once offered but not currently staffed is an additional opportunity. Corporate gift marketing is another area for increasing revenue stream. Additional plans, not yet implemented will be shared with the buyer.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,200
- Rent
- $3,840.00 per month
- Lease Expiration
- 1/1/2029
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner will be available to train as agreed upon and addition training will be available from current staff. Owner will be available to accompany buyer to travel to industry leading trade shows to advise and introduce leading and new brands favorable to the business.
Listing Info
- ID
- 2318815
- Listing Views
- 1420
Attached DocumentsAttachment Disclaimer
5_year_comparison_for_Harlow_Inc_19_23_with_different_valuations.xlsx
Listing ID: 2318815 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.
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