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New Business For Sale: Profitable Bay Area Specialty Retail
December 20, 2024 by Kresimir Peharda
Kresimir Peharda just launched a new listing: Profitable Bay Area Specialty Retail Profitable Bay Area Specialty Retail Asking: $954,000 • Gross: $1,704,000 • Net: $309,537 20 year old niche specialty retail company offers product sales, installation and service. The company operates out of a high traffic downtown showroom location. The company's customers come from a 30 mile radius from the showroom. Large product selection One stop shopping from design and fabrication to installation and service Low working capital requirements High traffic downtown location Showroom location has excellent demographics with median household income above $174,000 and median home value above $1.8M as of 2022 Customers pay for product in advance minimizing accounts receivable risk Discretionary earnings increased from 2022 to 2024 Gross profit increased and hit a record level in 2024 Revenues decreased slightly from $1.87M in 2022 to $1.70M+ in 2024
