This established, high-end retail and distribution business sells a niche, but exclusive product line. Products include protected lines that only this particular business can sell in the greater Austin area. The business has a large customer base and three different selling channels. This business is very consistent, with a lengthy history and is on pace for $3.7 million in revenue and $715,751 in Seller’s Discretionary Earnings (SDE), respectively in 2016. The business and its brand could be scaled to different parts of the United States on a relatively inexpensive basis. The owner has also successfully built the team around the business, allowing the next owner to focus on strategy. The owner generally works 40 hours/week or less.
Competition / Market Outlook: While there are others that sell somewhat similar products, this business has protected product lines, an outstanding reputation, and occupies a strategic niche in the high-end market segment.
Growth and Expansion: The current owner believes revenues could significantly increase in the next several years, if they were to pursue certain strategic avenues. Since the owner wants to retire, this presents an opportunity for the next owner. The current owner has a solid support staff. This business has very attractive gross and net margins.
Reason For Sale: The owner wishes to retire.
Training: The owner will provide training as needed to the buyer.
Facilities: Retail hub and spoke model with retail customers who visit the store, a commercial set of customers, a professional internet presence, and salespeople who sell into the surrounding areas. The business could also be relocated to a different spot in Austin without much difficulty.
Financing: The owner will consider some financing for a well-qualified buyer.
Hours of Operation: Monday –Saturday 10 am - 7 pm, Sunday 10 am – 6 pm
Employees: 8 employees
Year Established: 1994
Sales Price: $2,400,000
Inventory: $193,000 *included
Equipment: $5,000 *included
Asking Price $3,500,000
You May Also Like
Stone Fabrication Business #465189 posted Mar 23, 2017
- Waco, Texas, United States
Waco Texas is booming and this long-established granite and marble business is also. This Central Texas town values its entrepreneurs. Whether commercial or residential, many of the new or remodeling projects are using time proven granite and marble surfaces to enhance their projects. This well-established...
Profitable TX Wholesale/Retail/Const. Business #390831 posted Sep 29, 2015
- Texas, United States
Our firm is pleased to present this great business that combines retail, wholesale, construction and service revenue streams into year-round B2B and B2C profitability. The primary business is the sale and installation of gas fireplace inserts. Sales are made both to contractors for new homes/remodels...
Well Established and Profitable Antique Mall #466823 posted Apr 18, 2017
- Texas, United States
One of Dallas / Ft. Worth’s largest and most successful antique malls with over 40,000 Sq./Ft. of space and 300+ dealers specializing in antiques, design items, collectibles and furniture They have an independently run Tea Room for guest to come and relax and enjoy the great food and refreshments or...