Plaques, Awards and Recognition Retail and Manufacturing Business

Undisclosed Address, Texas
Business Opportunity for Sale
Catylist Listing ID: 30315266
Property Subtypes: Retail Stores
Building Size (RSF): 3,840 SF
Sale Price: $160,000
Gross Revenue: $214,500 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 7/30/2018

Overview / Comments

Serving their market for over 40 years, this business is a great opportunity for an energetic, ambitious owner/operator to step in and take the reins of a well established and respected brand. With knowledge and implementation of marketing tools available to attract today's tech savvy customers, the new owner could capitalize on a virtually untapped market in the local area and beyond. Consistent revenues, excess production capacity for growth, and a reputation for high quality products and service are among the many strengths of this business.

Additional Details

Industry Segment: Independent Stores
Value of Inventory Included ($): $22,500
Value of Furniture, Fixtures, and Equipment ($): $100,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Current ownership is willing to commit up to 3 months training to new ownership, as well as up to an additional year in a consulting capacity if necessary.
Competition/Market Description: This business has a reputation for high quality products and service. Being well established for over 40 years, their brand name and reputation is a valuable asset of the business. They are also the only one of their competitors that offers delivery service for their customers. They also have advanced capabilities compared to some of their local competitors due to their experienced staff and advanced equipment.
Growth/Expansion Opportunities: While the current owners are invested in maintaining their position in the marketplace and continuing to provide jobs for their staff, they are not and have not for some time been invested in growing the business. Being well into retirement age, they recognize that a younger, more energetic owner with the technological and marketing skills necessary to take advantage of the cost effective marketing tools available (social media, web advertising, etc. could bring with those efforts tremendous opportunity for growth without necessarily any additional capital investment, given that there is considerable excess capacity as the business operates currently.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,583 3,043
Median Age: 44.09 40.43
Households: 670 1,228

Contact

Photograph of Listing Agent

Matthew K Marshall

Drake Real Estate & Investments GTAR Commercial Member
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