New Business For Sale: Profitable Bay Area Specialty Retail
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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: $309,53720 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
- Significant upside growth potential for the right buyer
Kresimir Peharda
Email: kpeharda@bizex.net
Office: (310) 882-2200 ext 172
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/kresimir-peharda
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