Retail Destination with Full Service Restaurant

Retail Destination with Full Service Restaurant

Valparaiso, IN
Listing Number:
 IEB-103-25

Financial Information

Asking Price: $1,250,000
Real Estate: Available
Gross Revenues: $2,750,000
Cash Flow: $450,000

Business Description

This discount and close out store relies on its faithful regulars as well as an influx of new customers wanting to find a great bargain. With 42,000 square feet of floor space, it's not unusual for a customer to spend an hour wandering the aisles looking for a unique deal. With an onsite restaurant serving simple American standards, patrons can fuel up for additional time searching the store. With some additional marketing efforts, this can be made into a must see stop for anyone visiting the area.

The cash flow presented above has been reduced to account for acquisition cost of the real estate.

General Information

Facilities: 42,000 square foot, multi-winged building with an additional 2500 square foot covered portico sitting on almost 16 acres of land.  The real estate is available for $675,000.

Employees: 22

Competition: This business specializes in selling bargain items making it one of the more recession resistant businesses around.

Support & Training: Excellent Staff comes with the business, and seller will work to insure a smooth transition.

Reason Selling: Retirement

Contact Information


Contact:
 Roger Oberweiser
Phone: 317-333-6655 x 103

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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