Established Letter Art and Home Decor business
| Asking Price: | $165,000 |
| Inventory: | $90,000 |
| Established Year: | 2013 |
| Gross Revenue: | $155,000 |
| Rent: | $2,233/Month |
customized framed letter art; laser-etched pine maps and patents
Turn-key, long-standing custom gifts & décor business for sale. An interactive experience for all ages! Large profit margins (50%) on existing business in scenic Peddler’s Village. Owner is retiring after a long, successful run. Asking price = $165,000. *Lease is assumable.
Annual gross $155,000 (average); ~$45-50,000 of which is made in December. Annual cash distribution; additional monies used to cover car payment, % of car and health insurance.
2023 EBIDTA $2,700* (partners took draw/salary of $65,308 which increases EBIDTA to $74,006 when factored in).
2022 EBIDTA -$17,371* (partners took draw/salary of $47,197 which increases EBIDTA to $29,826 when factored in).
Untapped resources include online sales and social media presence... add those in and your numbers can increase. Jump on the bandwagon now to take advantage!
https://youtube.com/shorts/cQ6No-QVXH0?feature=share
BUSINESS LOCATION
