#1 Dance Supply Retailer in New Jersey
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $525,000 |
$1,549,300 |
$213,388 |
Furniture and Fixtures Value:
$25,000 (included in the asking price)
Inventory Value:
$200,000 (included in the asking price)
Business Summary:
1,760 sq. ft. retail store in a high traffic, upscale area of Bergen County. The furniture, fixtures, and equipment are in excellent condition. There is plenty of strip mall parking available. The landlord would offer a new owner a long term lease arrangement depending on the credit worthiness of the Buyer. For further information please contact Seth Kain at 908-851-9040 Ext. 287 or 201-317-4710.
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| Year
Business was Established: 1992 |
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| Number of Employees:
3FT/3PT |
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| Facilities / Terms of Lease:
See business description for this information |
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| Potential
Growth/Expansion:
A new owner could create a website to do online selling. Some additional local advertising and promotions should enhance the business gross sales and profits |
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| Competition:
There is very minimal direct retail competition in Bergen County and throughout New Jersey |
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| Owner
willing to finance:
$300,000 down payment with the balance of $225,000 payable over 5 years at Prime + 2% for qualified Buyers |
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| Owner
willing to train:
Two weeks of training if needed by the Buyer. The seller will be accessible if need be after the two week period. |
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| Reason for selling:
Owner would like to retire |
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| REQUEST MORE INFO |
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