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Retail European Antiques, Property Included! (37535)

RetailFor Sale in TX

Listing ID: Retail European Antiques, Property Included! (37535) | Broker Listing ID:

Financial & Assets Details

$197,000
$64,000
$8,000
$61,000
Yes
$400,000
9000+/-

About the Business

2004
1 full time.

Business Description

This unique retail operation specializes in imported European antiques such as furniture, decorative accessories, art, garden and architectural salvage. Located in Southeast Texas in a high traffic location, the 9,000 square foot facility is available for purchase. It features a storefront, showroom, storage, work spaces and space rental income and is zoned General Commercial, Multi-Family Dwelling. An attached two-bedroom apartment with a separate entrance could be perfect for an out of town buyer. This excellent life-style business with nearly a 40% revenue increase and bountiful European connections markets to individuals, interior designers and commercial enterprises within Southeast Texas and Southwest Louisiana. While 2017 saw $166,000 in revenues, 2018 total revenues were $232,000 with Sellers’ Discretionary Earnings of $64,000 rounded. Potential avenues for growth could include online sales, antique fairs, auctions, or becoming an appraiser. With a large customer base and stellar reputation, the company continues to attract new customers while maintaining its reputation with existing ones. Contact IAG today for more information on this antique enterprise.

Location Details:

Property is available for optional purchase.

Support & Training

Standard period.

Reason for Selling:

Approaching retirement.

Listing ID: Retail European Antiques, Property Included! (37535)

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