Niche Retail Crystal and Rock Store
Listing Number: 2072022-633837
Listing Details
- Down Payment: $60,000
- Sales: $75,000
- Seller's Discretionary Earnings: $8,200
- Inventory: $40,000
- Furniture, Fixtures, and Equipment: $10,000
- Rent: $2,600
- Employees: 1
- Year Established: 2021
- Reason for Selling: Relocation
Business Description
This unique and high margin retail business offers an opportunity for a turn-key semi-absentee ownership model.
The seller has moved out of state, and as a result is offering the business at a very attractive price. The purchase price includes $40,000 of inventory at wholesale cost. The seller estimates the retail value of this inventory is approximately $80,000, which exceeds the purchase price for the business.
Located in an upscale suburb of Franklin County, the business has an outstanding local reputation for both interesting product offerings and outstanding customer service.
The business has little local competition and occupies a profitable niche selling over 150 different types of stones sourced from around the world, offering a selection of crystals and rocks that cater to the growing demand in this billion-dollar industry.
The unique nature of the business allows it to draw customers from Central Ohio and beyond.
The business is currently open only limited hours, Thursday through Sunday. A new owner has an immediate growth opportunity simply by extending the days and hours which the store is open.
The current owners are out of state, but will provide support to a new owner looking to learn the industry.
Store operations are straight forward, and the store can generally be run by one individual, keeping costs low and providing a simple operating model.