Niche Retail -Sucessful! DH-90
- Listing Id: 4852
- Broker Name: David Hinton
- Category: Apparel Stores
- Asking Price: $538,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $172,249.00
- Inventory: $90,000.00
- No. Of Full-Time Employees: 7
- No. Of Part-Time Employees: N/A
- Gross Income: $600,200.00
- FF&E: $88,000.00
- Year Built: 2000
- Address: Click Here
- Zip Code: Click Here
- City: Okolona
- State: KY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Franchise Retail Store – DH-90This offering is for a very successful franchise retail store. It is located in a high traffic shopping area along a major highway in Louisville Kentucky. The store was opened five years ago and produced revenue of $600,000 in 2013. The Seller reports to us that SDE (Seller’s Discretionary Earnings) in 2013 would have been over $172,000 to an owner operator. The seller currently runs the store semi-absentee and is paying a manager that a new owner-operator may not need. Financials for 2014 are not yet available but expected to be ready mid April. The store is listed for sale at $538,000 and includes FFE with estimated value of $88,000 and sellable inventory of $90,000. The owner is retiring and has decided to sell.Please call Venture Resource Business Brokers at 502-3259-9471 for details. Please refer to listing DH-90.
Financial Summary
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