Art Shop Priced To Sell
Location:
United States
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Nevada
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Mesquite
Industry: Retail > Home and Garden Retail
Business Summary
Special! This week only, price marked down drastically! Call (702)346-6541 for details. (Until May 30th)
$35,000 net annually; That is what this business has brought in like clockwork since 2002. We are located on the busiest corner in the middle of the boom town of Mesquite, Nevada. Only an hour outside of Las Vegas and a 35 minute drive from St George, Utah, Mesquite is surrounded with picturesque mesas and lines the North shore of the Virgin River. The average price on a single home in the valley is still $293,151 (that's $143 per square foot) according to our last Real Estate Quarterly Report. The downturn hasn't hit as hard in this retirement community as it has in surrounding cities.
Our selling points are simple-
- We are the only framing shop in town! The whole valley is secured as your own when you purchase our business.
- Our business brings in regulars from across the states who stop in every time they come through.
- Our shop is located inside of a historical landmark of the city, which brings tours in through the shop on certain days, picking up new regulars frequently. Between this and being right on the main corner in the middle of a town used for vacationing or retirement, business does not slow much.
- We offer one month of free training with this purchase; a value of $4,000. If you do not know anything about art or framing it, do not feel discouraged. By the end of the month, you will feel confident and capable of running it like it was always your own.
For your figures, our building is 2,600 square feet, two story, well up kept with an appealing exterior, cozy interior, and official checkout area. Our annual cash flow is estimated at $34,000 with an annual revenue of $93,000. The rent is $1,450 a month. Our cumulative assets total around $95,900, marked at wholesale for our inventory and market value for our equipment. We are very flexible with offers and negotiations.
Financials
Asking Price Range: < $250K
Gross Revenues:
$93,000
Cash Flow:
$34,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $95,900
Seller Financing: Not Disclosed
About The Business
Year Established: 2002
Number of Employees: 1 - 3
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Management Training and Support: 1 month free of charge training and support
Reason For Selling: Relocation / personal reasons
Click on the "I'm Interested" button above for more information on this Retail > Home and Garden Retail business for sale.
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Print Listing Id: 70099888
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