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GA/NC - RUSTICKS – High End Furniture Store & Interior Design

GA/NC - RUSTICKS – High End Furniture Store & Interior Design
  • Status : Active
  • Relocatable : No
  • State/Province: North Carolina
  • Listed Price : $599,000
  • Listing ID : 15319
  • Down Payment : $599,000
  • Discretionary Earnings : $269,309
  • Total Sales : $1,200,000
View Details Business Description :

RUSTICKS has been in operation since 1992 and has achieved success by offering a truly unique mix of high-end furniture and accessories that is a great fit for its location and the high-end customers it serves in the resort community of Cashiers, NC. The business has received accolades in magazines such as Veranda, Atlanta Homes and Lifestyles, WNC (Western North Carolina) Magazine, Second Home and Laurel Magazine. It has grown from its start in one small location to 7,200 square feet of showroom and warehouse facilities. The scenic location on Cashiers Lake, and the unique and stylish architecture of the business’s showroom give the business a special charm that also attracts customers.

The business offers an outstanding growth opportunity in both the retail furniture and interior design business. Cashiers is a hot growth resort area with significant construction of new residential communities underway and planned. The area is home for some of the top golf courses in the country and the world, including three Tom Fazio designed courses. After an initial slowdown in sales in 2020 due to COVID-19, sales grew rapidly. For the period of July-September 2020, total sales are $566,268 as compared to $367,631 for same period in 2019. The business could recognize a record year in sales and profits in 2020. As more residents and visitors come to Cashiers and visit the business, word is increasingly spreading across several states about the business and this is also helping to increase sales.

The current owners operate the business for just seven months of the year, May - November. Months of operation could be expanded to ten months, March – December, and this would result in an immediate and significant increase in sales and profit. Social media could be further leveraged to increase awareness of the business and grow sales. A greater emphasis could be placed on interior design services as the demand for design services is growing with the significant new home development in the area.

It is important to note that the business owner has accepted a Letter of Intent(LOI) to purchase the assets of RUSTICKS. No other offers will be considered unless the LOI is terminated and the buyer and seller do not move forward to complete an Asset Purchase Agreement.

 

Category :

Furniture Retail / Furniture Store

Sign Manufacturing Business - Strong Growth Potential

Sign Manufacturing Business - Strong Growth Potential
  • Status : Active
  • Relocatable : Yes
  • State/Province: Georgia
  • Listed Price : $550,000
  • Listing ID : 14101
  • Down Payment : $550,000
  • Discretionary Earnings : $200,000
  • Total Sales : $1,000,000
View Details Business Description :

The company provides the full service solution from custom design to custom installation that only a limited number of sign companies can deliver. The owner has assembled a strong and experienced staff in the areas of design, engineering, project management and sign installation. And, improvements in infrastructure and the implementation of new technology have been key factors in the company’s ability to win larger new accounts.

The company delivers a wide range of sign products to several major industries. Industries and customer types served include hospitals, airports, universities, destination retailers, specialty general contractors building national cemeteries, car dealerships, auto part retailers, brick and mortar insurance companies, shopping center owners and management companies, hotel franchisors and franchisees, restaurant franchisors, state and local government, etc.

The custom architectural signage segment of the company has been a key area of growth in the business. Most of the new sales revenue generated in this area is the result of responding to RFQs and ITBs to general contractors and successfully earning these bids. The company’s ability to deliver innovative architectural sign solutions is a major competitive advantage.


Category :

Signs / Sign Companies

Automobile Repair and Machine Shop

Automobile Repair and Machine Shop
  • Status : Active
  • Relocatable : Yes
  • State/Province: Georgia
  • Listed Price : $340,000
  • Listing ID : 12572
  • Down Payment : $290,000
  • Discretionary Earnings : $135,025
  • Total Sales : $762,648
View Details Business Description :

The company provides machine shop and repair services for various engine types and sells related parts. Customers include end users, other repair shops, independent do-it-yourself mechanics, automotive dealerships and major corporate accounts. Other auto repair shops and dealerships are customers because they do not have the equipment or expertise to provide the unique repair services offered by the company. Customers are based in SW Georgia, SE Alabama and throughout the Chattahoochee Valley area. Experience in the automotive industry is not required for a new owner as the company can be successfully managed and grown by an experienced business person. The experienced staff will aid in a smooth ownership transition.

Details on the unique service and parts offering of the company are available in the confidential package that will be made available to qualified buyers.

The company's 2019 discretionary earnings of $135,025 was the best annual discretionary earnings total for the company since this earnings total has been calculated and tracked dating back to 2013. 

Category :

Automotive / Auto General Repair