3322HG Retail- Arts & Crafts- Supplies
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $170,000 |
$300,000 |
$30,000 |
Furniture and Fixtures Value:
$10,000 (included in the asking price)
Inventory Value:
$85,000 (included in the asking price)
Business Summary:
Long established business in the Springfield/Union area with reputation for high quality and strong customer service in the fine art supplies, crafts and custome framing. Due to owner illness and planned retirement, an opportunity for an energetic buyer to take over and re-build the business. Highly visible location with ample parking on a major thoroughfare in a strong retail corridor. Store has a loyal following and is known for its breadth of product line. Significant un-tpped marketing opportunities enable buyer to expand business and achieve stronger market penetration.
|
|
| |
|
| |
|
| Year
Business was Established: 1962 |
| |
|
| Facilities / Terms of Lease:
4,500 Sq.Ft leased facility on busy Rt. 22 west, ample parking, good visibility from Rt.22, Also side street access. Building in good condition, about 20 years old. Two years remaining on lease. |
|
| |
|
| Potential
Growth/Expansion:
Rebuild business with art teachers and art students. Improve marketing. |
|
| |
|
| Competition:
Long estblished fine art and crafts supplies business in strong retail market. No other fine arts supplies source in immediate area |
|
| |
|
| Owner
willing to finance:
Seller will consider depending on buyers credit |
|
| |
|
| Owner
willing to train:
up to 6 weeks |
|
| |
|
| Reason for selling:
Retirement/Illness |
|
|
|
| REQUEST MORE INFO |
 |
|
