Jewelry Business and Retail Location

Business Opportunity for Sale
Catylist Listing ID: 30281594
Property Subtypes: Clothing and Fashion
Building Size (RSF): 482 SF
Sale Price: $59,000
Name of Establishment: The Kariann
Business Website Address: www.seaglassartjewelry.com
Gross Revenue: $0 (Annual)
Cash Flow: $30,000 (Annual)
Sale Terms: Inventory $50,000. Cashflow: $30,000
Last Updated: 10/26/2018

Overview / Comments

FOR SALE OR FOR LEASE ONLY. Neighboring tenant: Starbucks. Sea glass, Vintage, Art Jewelry. One of a Kind Boutique Established Since August 2015. Located in premier retail shopping/dining district on Main Street in quaint, picturesque, downtown Old Saybrook. Small, but mighty customer base with lots of repeat, local customers as well as summer residents and renters. Own small parking lot as well as lots of on street parking on Main Street. Foot traffic area with retail and restaurants up and down Main Street ending at Saybrook Point and Marina - approximately 1 mile south. Owner to assist with transition and turn over customer base and accounts, inventory of sea glass, silver, etc, supplies and store displays and furnishings. CAN BE VACATED AND LEASE ONLY AT CURRENTLY $923./MONTH. Seller able to finance if buyer wants current concept with inventory for credit-worthy buyer. A RARE OPPORTUNITY TO OWN A QUAINT BOUTIQUE AND BE YOUR OWN BOSS. Cash flow on file-$30,000 net. Inventory: $20,000

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Middlesex
Industry Segment: Other Clothing and Fashion
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 923/month.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 682 13,950 29,247
Median Age: 45.63 49.92 48.97
Households: 279 5,940 12,388

Contact

Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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