**SOLD**Established Specialty Craft Supply Store

, Texas 5 views 0 favorites

Financial Highlights
Asking Price
$35,000
Revenue
$275,000
Business Description

We are a high-volume specialty retail craft store that also does in house custom printing. We are the only craft vinyl supply store of its kind in the Austin metropolitan area. We are in a prime high traffic location in Round Rock on the southbound feeder road of Interstate 35. We carry craft heat transfer and adhesive vinyl along with t shirts and supplies used for vinyl crafting. We also custom design and print pattern heat transfer & adhesive vinyl along with ready to press transfers and stickers all sold in store, plus we do customer printing on our 54" latex printer, which can print over 250 substrates. To start a store like this from the ground up would cost a minimum of $100,000 which includes build-out costs, inventory, FF&E and working capital. The current inventory on hand is valued at over $10,000, the value of build-out and FF&E is well over $25,000. The current owner has been operating as an absentee model which leaves substantial growth for a new buyer wanting to come in and be more heavily involved in the day-to-day operations. There is a lot of area to be able to expand on the business, prior to the pandemic we were also teaching classes, so there is potential to add that service back into the business as it is requested frequently. The business has been profitable since the first year. The owner is selling due to health issues. REVENUE: 2019 $325k; 2020 $221k; and 2021 $250k Location: Round Rock, Texas Year Established: 2017 Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 1,600 Rent: $4,000.00 Per Month Website: www.texasvinyldispensary.com

Business Details
Industry:
Retail
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 days ago

Views: 5

Favorites: 0