Price: $425,000
Location: Johnson City, TN
Industry: Personal Care Services
Listing ID: 07152025
Listing Status: New
Metaphysical retail store that has been in business 35 years. Here is your opportunity to own a very unique business that specializes in selling products related to spirituality, metaphysics, and holistic wellbeing.
Total Sales: $257,000
Cash Flow: $68,000
Accounts Receivable Included: No
FFE: $50,000
Inventory: $150,000
Inventory Included: Yes
Year Established: 1989
Days & Hours of Operation: monday-saturday 10am-5pm Sunday1pm-5pm
Owner Hours Per Week: 20
Lender Pre-Qualified: No
Employees: 3
Lease Option: one year renewable
Real Estate Included: No
Monthly Rent: $1,584
Type of Location: Downtown retail district
Square Footage: 1800
Franchise: No
Relocatable: Yes
Facilities Information: lease $1583 per month
Terms and Conditions?: cash
Reason For Sale: After 35 years owner wants to retire.
Training & Support: 2-4 weeks
Competition: Similar store in neighboring towns. They do not have the diversity or quality of products.
Potential Growth: add workshops, increase advertising and marketing.
Financing/Terms: none at the moment