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Business for Sale Summary

Bath & Kitchen E-Tailer/Brick-and-Mortar Retailer - 27536

Business Type: home furniture/ furnishings,misc. retail/non-classifiable,best deals!,new to market,seller financing available,bldg materials/hardware/garden
Owner Financing
Bath & Kitchen E-Tailer/Brick-and-Mortar Retailer
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Financial Information (non-confidential)

General Information
Asking Price $1,200,000 Down Payment $600,000
Gross Revenues $2,650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $385,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and $600,000 over 36 months at 6%

Business Description

This Brooklyn-based Bath & Kitchen E-Tailer/Brick-and-Mortar Retailer may be the best listing I've ever had. 90% of sales are generated on-line and 99% of all orders are drop-shipped, thus eliminating inventory risk and warehousing expense. Where are you going to find an internet-based business selling for just 3 times its verifiable cash flow? As an established authorized dealer/seller on Amazon and Ebay (under different names than the physical store), this business offers over 20,000 SKUs and has no limitations on revenues it may generate on these sites. Were you starting from scratch, you would probably be limited by these e-commerce portals to selling no more than $5K per month in merchandise in your first year. Having a brick-and-mortar store is a necessity, as it establishes legitimacy with name-brand manufacturers and importer/wholesalers. The store consists of 1,000 square feet of showroom space at street level and another 1,000 square feet in the basement that it hardly utilizes, as total physical inventory at any given point in time might amount to $30K. Rent is only $4,000/month.The landlord is prepared to give you at least a 10 year lease. The store is open from 10am-7pm Monday-Friday and 10am-6pm Saturday-Sunday. The sellers are willing to stay on for at least 3 months to teach you everything you need to know to take over the reins from them.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.