Primary Category:Clothing & Accessory Stores for Sale
This is a unique opportunity to acquire an exceptional and highly profitable retail business located in a major tourist destination that attracts close to 3 million visitors annually. The current owners are ready to retire and pass the torch and the business traditions, of nearly three decades, onto a potential new owner.
The sale includes two well-established retail opportunities, with one specializing in high-quality fashion and the other in unique gifts and home décor. They are located in a vibrant area known for its renowned restaurants, shops, entertainment, natural beauty, and adventure. Both stores are in a beautiful multi-tenant building occupied along with other paying rental retailers. The real estate is part of the sale.
Nestled in the heart of this tourist town, the two-story real estate includes a local boutique that is a premier fashion haven, captivating shoppers with its curated selection of stylish apparel and accessories. Complementing the boutique, the neighboring gift and home décor store offers a beautifully arranged collection of artisan treasures that embody charm and character of the area.
The combination of a successful business and prized, sought after real estate makes this an ideal investment for those looking to expand on growing tourism and retail sectors. Not to mention, this is a bonus for a potential owner who may want to own and live in such a beautiful and charming area.
With a strong foundation, proven profitability, and significant growth potential, this multi-location retail business offers an exceptional opportunity for a new owner to build on its success with profitable real estate income.
Contact us today for more information.
Investment Considerations:
• Turn-Key Business
• Great Reputation
• Built-In Customer Base
• Fully Staffed
• Fashionable, Trendy Inventory
• Exceptional Real Estate Investment
• Easy to Finance
• High Traffic Retail Location
• Consistent Profitability
Financial Information
$495,000
Asking Price
$342,035
Cash Flow
$1,471,376
Gross Revenue
Negotiable
Down Payment
Business Location
City:
Southern Indiana
State:Indiana
Reason for Sale
Retirement
Detailed information
Year Established:1997
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: No
Inventory Value:
$300,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$177,500
Building Size: 13000
FF&E Included?: Yes
FF&E Value: On request
Training/Support
The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Facilities
The company’s inventory varies between $175,000 to $300,000. The inventory fluctuates depending on the time of year.
Market Outlook/Competition
These shops are part of the 3,840 establishments in the small specialty retail stores industry of Indiana. This industry is expected to grow by 3% annually from now until 2029. Even though there are similar shops in the area, the business environment is cooperative. Each business helps drive traffic to other local businesses.
Real Estate Description
The real estate is owned by the Seller. The building is approximately 13,000 SF. It is a multi-tenant investment grade building with space for additional tenants. The Seller is selling the real estate as part of sale.
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