Very Rare Home Furnishing And Decor Store
www.GlobalBX.com
Listing ID:
70067575
Listing Title:
Very Rare Home Furnishing And Decor Store
Quick Link:
http://www.globalbx.com/listing.asp?bId=67575
Industry:
Retail
Industry Segment:
Home and Garden Retail
Country:
United States
State / Province:
Texas
Area
Dallas/Fort Worth
City:
Mckinney Square
Asking Price Range:
< $250K
Gross Revenues:
$168,216
Cash Flow:
$37,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2003
Number of Employees:
1 - 3
Business Description:
Ask any regular buyer of home furnishings and decor where they prefer to shop for deals and have fun at the same time, and it is amazing how many will say McKinney's downtown square historic shopping district. One visit to this unique area and one will be taken back in time to a day where time with family and good friends was paramount. This area has it all for a full day of shopping; restaurants, pubs, coffee houses, home decor, jewelry and the list goes on...This particular store specializes in the area(s) of home decor and gifts, along with a famously busy line of jewelry. Loyalty to the store runs very high and the business does not need advertising, as the area itself drives in the business. The current owner is running the store semi-absentee, so the cash flow is somewhat adjustable depending on how many hours of payroll are needed by the purchaser. This owner was already retired before taking on ownership of the store and she feels that she is really ready for full retirement now with her retired husband and is currently looking for a younger buyer with energy to grow with the business.
FACILITIES: Business occupies 2,400 SF; Rent is $2,700.
COMPETITION: Stores located in this McKinney historic district are in a rare situation. Groups travel by bus and other means to this area for shopping and a fun day out with family and friends. The area has recently been approved by the State of Texas as an official historic Texas site. Visitors are treated to an amazing experience as they view the newly refurbished courthouse and other historic monuments. The area is experiencing growth from the courthouse becoming a performance arts hall, which will pull people into this area from neighboring suburbs and far into Dallas.
Please email or contact Scot Jones at 214.495.9200 or toll-free 1.888.808.5071 for the Financial Data, Business Summary, Picture of Business, Location's Demographic Data, Site Map and Satellite Site Map of the location.
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