Premier Outdoor Living Design and Retail Store
Asking Price: $2,900,000
Cash Flow: $703,459
Gross Revenue: $4,270,000
In business for over 15 years, this “boutique” lifestyle retail store sells all things related to outdoor living including grills, furniture, fireplaces, outdoor kitchens etc. This store uses computer planning tools to assist customers put a detailed floor plan that can then be taken to a contractor to build. Store installs and services as needed all products that it sells. The limited hours of operation make this different from normal retail. Facility is located in a high income retail area with great access. Property can be purchased or leased. If purchased, cash flow is increased by $96,000 in rent expense. Other tenant pays $90,000 in rent that would help offset mortgage expense if building is purchased._Cash flow buying the real estate becomes $883,459 Sellers will offer normal training and transition while one of the sellers will entertain a longer term employment agreement. New home building and overall growth of the area and economy provides a great growth trajectory for this business. Many opportunities to expand services through construction as well as expanding the Outdoor Furniture market.
This listing was added 02/21/2019