Established African Retail Store, Queens County

Featured on BusinessForSale.com . 20 viewed

Asking Price

$215,000

FOR SALE - ACTIVE

Detailed Information

Location

Queens County, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established retail store in Queens County specializes in African and American tailoring, fabrics, jewelry, instruments, carvings, and other cultural items. With a dedicated customer base, the store has been operating for 30 years under the current owner, who earns $100,000 annually. The owner is open to staying on board to train a new owner, presenting a valuable opportunity for interested buyers seeking to continue and grow the business. Located in a bustling area of Queens County, this unique retail store caters to a niche market interested in African culture. Offering a variety of products and services including custom tailoring, fabrics, jewelry, instruments, and carvings, the store has garnered a loyal clientele over the years. The current owner's willingness to provide guidance and support to a new owner ensures a smooth transition and presents a favorable situation for potential buyers looking to invest in a well-established business. Overall, this retail store presents an appealing opportunity for the right buyer seeking to enter the market of African

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