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Asking Price$375,000
Revenue$450,000 EstablishedUndisclosed
Cash Flow$150,000 EmployeesUndisclosed
FF&E$13,000* FranchiseNo
Inventory$150,000* RelocatableYes
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
This is a wholesale souvenir business that caters to the tourists coming to the Great Smoky Mountains. It supplies retail customers in Pigeon Forge, Gatlinburg, Sevierville, Townsend, Cherokee, NC and Maggie Valley, NC. It is operated by husband and wife out of our home. It could be expanded with more items and larger fascilities. It has been increasing about 7% in sales each year since 2006. The sales price of $375,000 includes inventory of from $150-200,000 which fluctuates as the season changes. Seller is willing to train new owner for 1 month and serve as a resource for one year. The two major strengths of this buiness are (1) Great service (we deliver ordered goods in 1-2 days (2) creativity (we buy and sell/design and have made unique Smoky Mtn. Souvenirs). We work from our home using our basement and 2 storage buildings with approx. 2800 sq. ft. of space. Our home on 1+ acres is offered in the transaction for an additional $325,000. It has 3225 sq. ft. living area. 2 car garage, 3 bedroom, 2 1/2 bath, 1000 sq. ft. finished basement. House is 4 years old.
Facilities:We have approx. 2800 square foot of working/storage/office space from our home that is used for the business. Our home is being offered if the new owner wants to purchase it separately. It is not included in the asking price.
Growth Potential:Growth has been steady, increasing about 7% in sales since 2006.
Training/Support:Will train 1 month and serve as a resource for 1 year.
Sale Reason:Relocation
Ad #19643
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Billie Hendrick
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