BUSINESS
FOR SALE #R-2059s
HIGHLY
ACCLAIMED NICHE RETAILER
This well established (50+ years) business has been the “BEST”
in its category, due to its quality products and services. The
customer database of 8,200 includes commercial accounts and
predominantly female customers.
The business has been under-managed in recent years, due to the
lack of enthusiasm and personal problems.
For the right buyer, there is potential to rebuild the business
to prior sales levels ($700,600 in 2000).
Because the business is so specialized, we cannot be more
specific about the products, due to the Seller’s request for
confidentiality. If a prospective buyer is interested in
retail, this is a business they should review.
INVESTMENT HIGHLIGHTS:
-
Well
established
-
Under-managed in recent years
-
Customer
database
-
Experienced employees will stay
-
Specialty –
niche
•
-
Consistent profit history
-
Excellent reputation – “Brand” recognition
PURCHASE PRICE:
The asking price is $175,000 based on an asset sale free and
clear of all debt and liabilities. The Seller will consider
financing a portion of the purchase price for a qualified buyer.
Assets included in the sale: Inventory $106,000 (at cost);
furniture, fixtures & equipment $5,000 (FMV); patterns; customer
lList; all intangibles.
Financial Summary:
FOR FURTHER INFORMATION CONTACT:
KEATE PARTNERS
7783A Five
Mile Road
Huntington
Bank Building
Cincinnati,
OH 45230
(513)
241-3700 Fax (513) 852-8325
www.keatepartners.com
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