     
|
Metairie Retail and Gift Store for sale in Metairie, Louisiana
Metairie Retail and Gift Store
Metairie |
|
|
The Company is an upscale gift store that has been in business for 8 years. The Company sells value-priced items for the kitchen, hair care, household hardware, and baby. The company also sells balloons, candles, stationary, greeting cards and other moderately priced party goods.
|
Listing Number: 492
Michelle Seiler - Listing Broker
2223 1/2 Magazine Street, New Orleans, LA 70130
Telephone - (504) 525-1717
E-mail -
biz4sale@capitalbbw.com
|
| Category |
RETAILING BUSINESSES |
| Sub-Category |
Miscellaneous Retail |
| Asking Price |
$275,000 |
| Gross Sales |
$503,485 |
| Cash Flow |
$133,266 |
| FFE |
$50,000 |
| Inventory |
$15,000 (Inventory IS Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
2 - Part-Time |
| Facilities |
The business occupies a 5,000 sq ft building. The interior is extremely clean and well kept. Outside, the large parking lot is shared with the other retail establishments in the area.
|
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
The friendly service and lower prices maintain constant sales. The store is the only retail discount store within an almost 5 mile area. Additional business is generated by the schools in the area. |
| Growth Notes |
N/A |
| Support Training |
The owners are willing to train. |
| Year Established |
2000 |
| Financing Terms |
Owner will finance with $175,000 down for 5-7 years at 8% |
| Reason for Selling |
The owners would like to retire. |
|
