Upscale Home Accessories And Gifts Boutique For Sale - Frisco, Texas, TX - Collin County

PROFILE: Loyal Customer Base. Name Recognition. Unique Items.

AD/LISTING INFORMATION
Status: Available
State: Texas
Location: Collin County
County: Collin
City: Frisco
Primary Category: Retail Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  126662
Seller Or Contact:  John Hohenbrink
Primary Phone:  469-675-1193
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/16/08
Date Ad Last Revised:   11/24/08

FINANCIAL INFORMATION
Asking Price: $425,000
Down Payment: Call/Email
Annual Revenue: $849,108
Annual Adjusted Net: $123,848
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: Summary Description: This Is A Unique Home Accessories And Gifts Boutique Located In An Upscale And Rapidly Growing Area Of Collin County, Texas. The Business Was Started In 1998 And In Its Present Location For Over Six Years. They Have Been Experiencing Annual Growth Averaging Over 12.5% Per Year Over The Last Three Years And Have Continued That Growth Into 2008. The 2008 Ytd Thru April Revenues Are Up 11.0% With Net Income Up 11.8% Over Last Year. They Carry A Wide Selection Of Unique Items With Many Exclusive Brands. The Store Provides Shoppers With A Unique Collection Of Products With Unparalleled Customer Service. This Store Represents That Very Special Opportunity That Has The Market Demand, Established Name Recognition, A Loyal Customer Base, And A Great Location. They Have Over 9,000 Customers In Their Database With Over 4,100 Repeat Customers.

Facilities: The Store Is Located On A Major Thoroughfare, In An Upgraded Shopping Center, And Right Beside The Center’s Anchor Store. The Store Is Beautifully Appointed, Is In An Excellent Demographic And Is Uniquely Positioned To Flourish For Many Years To Come.
Competition: Some Local Competition But Nobody That Can Match The Product Selection, Name Recognition, And Customer Service.
Growth And Expansion: Even In A Down Market The Business Is Still Growing With A 12.69% Growth In 2007 And Is Again Exceeding Even That In 2008. With A Similar Growth In 2008, The Cash Flow Is Projected To Be Over $150,000. The 2008 Ytd Thru April Revenues Are Up 11.0% With Net Income Up 11.8% Over Last Year. The Business Has A Cost Of Goods That Is Well Over The Industry Average So A New Owner Has The Opportunity To Increase The Gross Profit Even More Immediately.
Support/Training: Up To Thirty Days Training And Support.
Reason Selling: Retirement.
Year Established: 1998
Employees: 12 Pt

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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!

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