15 Aug Highly Successful Four Seasons Retail Business with $500K Inventory
Location: Albuquerque & Central New Mexico, New Mexico
Industry: Retail, Furniture & Appliances
Listing ID: ABQ4Seasons
This Albuquerque retailer has been helping homeowners bring beauty and functionality to their home for over 16 years. The business represents the industry’s top brands, has been honored multiple times as a regional top-seller, and has an 8,000-strong customer database. Dominating the central New Mexico marketplace, over half its customers are repeat with some drawn from as far away as Oklahoma and southern Colorado.
High inventory turnovers produce predominantly 50% profit margins while offering high-quality products at hard-to-beat prices. This business has effectively eclipsed the online and local brick-and-mortar competition. New owners will benefit from a proven business model, mutually beneficial relationships with leading vendors, and a reputable, well-known brand that achieves top organic rankings on the search engines.
Walk into a well-stocked business with $500,000-worth of inventory and a robust training and transition program, enabling you to begin to make money from day one.
This business has been pre-approved for an SBA loan. Also available is a professional, certified Business Appraisal prepared by the nation’s leading provider of SBA-compliant valuations.
Cash Flow: $410,650
FFE: $43,300 (Included in Price)
Inventory: $500,000 (Included in Price)
Real Estate: (Not Included in Price)
Lender Pre-Qualified?: Yes
Terms and Conditions?:
In order to review the CIM and other pre-due diligence material, a prospective buyer will need to supply a summary of their personal financials requested in the Non-Disclosure Agreement and Confidential Buyer Profile.
Reason For Sale:
Seller is retiring out of state to be closer to family.
Training & Support:
At no cost to Buyer, Seller will work with new owner for up to four weeks for a minimum of 20 hours per week. Further details to be negotiated.
Year Established: 2007
Days & Hours of Operation: Mon - Sat
Owner Hours Per Week: 35
Employees: 2 PT
Type of Location: Shopping Center
Square Footage: 14000
14,000-square-foot leased venue enjoying a high visibility location in one of Albuquerque’s premier up-and-coming shopping and entertainment districts.
The dominant brand in Central New Mexico with limited competition.