Tupelo Data Room
Clothing & Accessory Stores, Other Retail
Active

N2187 Exceptional and Highly Profitable Retail Opportunity

Indiana, United States
listing image
Asking Price$495k
Revenue$1.47m
EBITDA-
Cash Flow$342k
Description
This is a unique opportunity to acquire an exceptional and highly profitable retail business located in a major tourist destination that attracts close to 3 million visitors annually. The current owners are ready to retire and pass the torch and the business traditions, of nearly three decades, onto a potential new owner. The sale includes two well-established retail opportunities, with one specializing in high-quality fashion and the other in unique gifts and home décor. They are located in a vibrant area known for its renowned restaurants, shops, entertainment, natural beauty, and adventure. Both stores are in a beautiful multi-tenant building occupied along with other paying rental retailers. The real estate is part of the sale. Nestled in the heart of this tourist town, the two-story real estate includes a local boutique that is a premier fashion haven, captivating shoppers with its curated selection of stylish apparel and accessories. Complementing the boutique, the neighboring gift and home décor store offers a beautifully arranged collection of artisan treasures that embody charm and character of the area. The combination of a successful business and prized, sought after real estate makes this an ideal investment for those looking to expand on growing tourism and retail sectors. Not to mention, this is a bonus for a potential owner who may want to own and live in such a beautiful and charming area. With a strong foundation, proven profitability, and significant growth potential, this multi-location retail business offers an exceptional opportunity for a new owner to build on its success with profitable real estate income. Contact us today for more information. Investment Considerations: • Turn-Key Business • Great Reputation • Built-In Customer Base • Fully Staffed • Fashionable, Trendy Inventory • Exceptional Real Estate Investment • Easy to Finance • High Traffic Retail Location • Consistent Profitability
Real Estate
$178kNot Included in Asking Price
Building Size: 13000 sq. ft.
Inventory
$300k
Year Established
1997
Reason Selling
Retirement
Facilities & Assets
The company’s inventory varies between $175,000 to $300,000. The inventory fluctuates depending on the time of year.
Support & Training
The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Market & Competition
These shops are part of the 3,840 establishments in the small specialty retail stores industry of Indiana. This industry is expected to grow by 3% annually from now until 2029. Even though there are similar shops in the area, the business environment is cooperative. Each business helps drive traffic to other local businesses.
Growth Opportunities
• Creating a Website • Offering Online Browsing & Buying • Increasing Use of Social Media • Offering Rewards to Loyal Customers • Offering Store Merch
Asking Price$495k