Retail and Service Business Opportunity Less than 2X

Price: $165,000

Location: Reno NV

Industry: Jewelry Stores

Listing ID: RETAIL

Listing Status: Available

Description

This long-established professional retail and service business with a solid customer base has a trained professional staff in place. The seller is willing to train the next owner for success. While the service/repair side of the buisness sets it apart from others -uniqueness- it will be taught to a new owner. This business is considered a part of the community and is located near a very busy anchor on a busy main street in a sought-after part of town in a very high traffic shopping center. The business has gained an excellent reputation from locals, visitors and repeat customers for its variety of offerings and service. This business provides both every day and special occasion items. Clean and organized retail showroom and back ?office? repair. Great visibility to vehicle and foot traffic with customer parking including private parking for owners and staff Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students?and is just a half hour from beautiful Lake Tahoe. From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it?s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.

LISTING DETAILS

Total Sales: $330,242

Cash Flow: $135,891

FFE: $23,000

Inventory: $89,000

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