Established Retail Business, North Shore Location
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Asking Price
$275,000
Detailed Information
Business Description
This retail and service business for sale has been a staple in the community for 47 years, boasting a large and loyal clientele base in an affluent North Shore town. With both wholesale and retail sales, the business operates with a lean staff of 2 full-time employees and 3 part-timers, ensuring low operating costs and reasonable retail hours (open only 6 days a week). Despite a slight dip during the pandemic, the business has shown consistent year-over-year growth since 2019, grossing approximately $540,000 in the past 12 months with an owner's cash flow of around $125,000. The store spans 3500 sq. ft. with a fully equipped basement, rented at a reasonable $5,108/month with potential for extension. Ideal for an owner-operator or a family member with a background in woodworking, the seller seeks a financially qualified buyer with at least $195,000 in liquid funds. The current owner is willing to provide extensive training and support during