MergerPlace

Large Retail Variety Store #391

Michigan


  • Asking Price: $485,000
  • Gross Income: $280,070
  • Cash Flow: $98,758
  • Real Estate: $284,000
  • Inventory: $136,200
  • FF&E: $5,000
  • Listing ID: #205593
  • Established: Not Disclosed
  • Employees:

Business Description

This is a unique and rare opportunity to own a well-established variety store located in northwestern Michigan. The business is perfectly positioned within a high-tourism area creating great exposure and an excellent income for the business. The store features a wide variety of product that includes crafts, toys, spices, and a very extensive selection of arts, in addition to several other miscellaneous items. The retail store also provides the service of picture framing too. Locals and travelers rave about the business for its extensive line of inventory, impeccable service, and its accessible access. The retail store is located in a large historical building that is furnished with additional space and apartment units, great for an additional income. All included in the sale of the company. This is a deal not to miss as there is exceptional growth for further development. Inquire today to learn more about this excellent opportunity. Assets are to include approximately $136,200 in average inventory, and $5,000 in equipment, fixtures, and furnishings. The building and property are valued at $284,000. Ask for portfolio #391.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Michigan

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $485,000
Gross Revenue: $280,070
Cash Flow: $98,758
FF&E: $5,000
Inventory: $136,200
Real Estate: $284,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Marketing Department

Affiliated Business Consultants, Inc.