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Profitable Multi - Location Evergreen Retail Store
Location: United States -> Massachusetts
Industry: Retail > Other Retail




Business Summary

Founded in 1970 by a husband and wife team, this multi-location retail store has been delivering increasing cash flows to ownership for the last 50 years.

Requiring only 2-4 minimum wage employees to operate each location, the stores drive 30%+ net margin to the bottom line.

These locations have thrived through COVID and their unique business model substantially outperforms most brick and mortar retail businesses.

For someone looking to purchase their first business, or an investor looking to find a platform company to expand across the US, with systems and processes already in place, this business is primed to fuel its own growth.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,692,430
Cash Flow:   $585,909
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $120,000
Seller Financing:  Yes

About The Business

Year Established:  1970
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The sellers are offering one month of training included in the sale price that will ensure the buyer is fully capable of running the business on an ongoing basis. If buyers require additional training or consulting beyond what is included in the sale, the seller will make themselves available at a negotiated consulting hourly rate for 3 - 6 month
Reason For Selling:  Growth is faster than what owner wants to manage, and they are looking for a slower pace of life.




Print Listing Id: 700371415
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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