Two Long-Standing Stores – Popular Resort Town
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Asking Price
$1,500,000
Detailed Information
Bucks County, Pennsylvania, US
Not Provided
NA
Business Description
This business, with exclusive rights to many sought-after products, consists of two long-standing stores in a popular resort town in Bucks County. The stores offer a variety of unique merchandise, including apparel, gifts, jewelry, and more. Established for 25 years, the business has built a strong reputation and boasts the largest square footage in town. With over $350 in sales per square foot, there is potential to further increase revenue. The business opportunity includes pre-qualification for a loan requiring only a 10% down payment of $150,000. After debt service payments, the buyer stands to take home $250,000, recouping their initial deposit in just 7.5 months. The purchase price also includes $215,000 worth of inventory. Despite its success, the business has not engaged in any advertising efforts, presenting an opportunity for growth through online platforms. The owners are willing to assist with a smooth transition and the business is fully staffed, with the potential for expansion.