Tupelo Data Room
Clothing & Accessory Stores, Other Retail
Active

BTQN2187 Retail Shops with Real Estate Included

Indiana, United States
listing image
Asking Price$2.27m
Revenue$1.47m
EBITDA-
Cash Flow$342k
Description
Now is your time to acquire these retail shops with real estate included for sale. They are 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
$1.78mIncluded in Asking Price
Building Size: 13000 sq. ft.
Inventory
$300k
Year Established
1997
Reason Selling
Retirement
Facilities & Assets
The company's equipment is in good condition and varies between $60,000 to $65,000. 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
There are ample opportunities for a new owner to grow the business. These include: • Creating a Website • Offering Online Browsing & Buying • Increasing Use of Social Media • Offering Rewards to Loyal Customers • Offering Store Merch
Asking Price$2.27m