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Listing ID: 2686786

Hamptons Retail Business For Sale

Hamptons, Suffolk, New York, United States

$ 450,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 483,797

Cash Flow: $ 191,747

Business Description

Our Teak Retail store offers the finest quality teak products from our manufacturing facility in Bali, Indonesia. The owner of the business has passed away and this opportunity can be yours providing an average 588% margin on our existing products and we have plans to launch two new lines of products for the 2018 season which we predict will generate another $250,000 in sales.Our Teak products are Grade A and we're so confident of our quality that we offer our customers a lifetime warranty. We're located in an iconic building on Montauk Highway attracting customers from Montauk, Amagansett, East Hampton, Sag Harbor and Bridgehampton.

Please go to our Home Page at www.HamptonTeak.com where you'll be able to view three commercials (videos) we produced that will give you a tour of our store, and provide you with information of the products and services we provide to our customers.

Contact us for more details.

Property Details

Size:

4200 inside and 4200 outside

Years Established:

8

Property Type:

Lease

Inventory Value:

$ 750,000

Other Details

Business Location:

The Hamptons, Long Island, Commercial Building on busy Montauk Highway in Wainscott, NY. Know as the "Big Red Barn".

Competition:

Hildreths, Patio.com, Thayers

Expansion Potential:

The business recently launched a "Teak Cleaning and Restoration" business which in a new revenue stream and many of those customers also purchase new teak products from the store.

Operation Details

Employees:

2

Trading Hours:

10:00 AM TO 7:00 PM Monday - Friday

Support & Training:

the owner will provide support & training during a designated transition period.

Miscellaneous

Reason For Selling:

Retirement, health

Contact this seller

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