Since 1875

Northampton, MA
Control Your Destiny
Asking Price:$225,000
Gross Revenue:$320,000
Rent:$3,840/Month
Established Year:2004
Cash Flow:$98,600
Inventory:$50,000
FF&E:$225,000
BUSINESS DESCRIPTION

Oldest retail business on vibrant Main Street

Turn key operation for well established, staffed retail business, carrying many of the best known exclusive brands in the industry. Option to extend lease every 5 years through 2039.


ATTACHED DOCUMENTS
5 year comparison for Harlow Inc. '19-'23 with different valuations.xlsx.xlsx Download

DETAILED INFORMATION
Location
Northampton, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,200
Lease Expiration
01/01/2029
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
In addition to retail space, the downstairs offers dry full storage area, office space, workshop area, restroom. The store front features a large walk-in window display area. The sidewalk is protected from elements with overhead coverage. Computer, cash register fixtures, displays and website domains included. Daily sales records and vendor information will be provided.
Competition
The business is in a prime location closest to primary parking garage and main parking lots in the heart of downtown as you come onto Main Street. It’s a busy city with heavy foot traffic daily. The store has a long standing history of repeat local customers and recreational visitors searching for exclusive items to the industry as well as quality goods that have carried its favorable reputation. The closest competitor in the main industry is Boston.
Growth & Expansion
There is a great deal of upside potential for growth by expanding store hours, implementing e-commerce and social media marketing that is currently un utilized . Onsite repair, alterations, engraving and embossing once offered but not currently staffed is an additional opportunity. Corporate gift marketing is another area for increasing revenue stream. Additional plans, not yet implemented will be shared with the buyer.
Support & Training
Owner will be available to train as agreed upon and addition training will be available from current staff. Owner will be available to accompany buyer to travel to industry leading trade shows to advise and introduce leading and new brands favorable to the business.
Reason for Selling
Retirement
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Mark Parsons
Mark Parsons