Columbus, OH Franklin County
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Listing Number: 241-21922
Category: Retail
| Asking Price | $89,500 |
| Gross Revenue | $85,819 |
| Total Adjusted Net Income | $40,273 |
| Year Established | 2011 |
| General Location | Columbus, OH Franklin County |
Grant Duncan
- Cell: (614) 716-9480
- Cell: (614) 716-9480
Established unique turn key business that caters to tea enthusiasts. This business has operated for 11 years in a very desirable area in an upscale, oldtown district of a charming Columbus suburb.
The shop is located on a very busy main street. The shop is 450 sq ft and the seller owns the building and will lease the space to a new owner for $900 per month ($10,800 Annual Rent) Rent Includes all utilities. The Term is negotiable with the landlord.
This retail business has consistently increased sales since it’s inception. Sales were $85,819 in 2022 with an Owner Profit of $40,273.
The owner runs this business on a Part-Time basis (Working only 20Hours per Week). The shop is only open 4 days per week Wed-Saturday noon to 5pm.
The new owner could continue Operating the business the same way and have a nice part-time business that already generates a nice Profit.
Or, a new owner could expand days and hours to service the ever-growing clientele. If the new owners wants to commit more time to this business, there are many opportunities to increase revenue.
The business has a very nice website but does little marketing to generate online sales. A new owner can create a better online shopping presence and drive online sales without increasing the days and hours the store is open. In addition by extending the days and hours the store is open can increase sales considerably.
A new owner has the opportunity to tax this gem of a business to the next level and so that it reaches its full potential.
Contact me if you want more information on this unique opportunity to own a turn-key, expanding, profitable business for under $90,000.
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.