Tudor Tea House & Spice Shop - SOLD Dec 2018 |
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Business Summary:
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Price Reduced... Complete business with inventory
This Tea & Spice Shop has loads of potential for less than the cost of a franchise and without the rules, inventory expense, and added fees. Tudor Tea & Spice is a well-loved turnkey business that needs a new owner. A great fit for someone with a head for business who is ready to map a new course for direction. The current demand in the marketplace for healthy beverage alternatives makes tea a great choice. Tudor House Tea & Spice offers loose leaf teas, bulk spices, kombucha, and variety of products. The seller takes pride in sourcing products with a focus on quality organic, fair trade. |
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Listing ID:
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ABA171105139-80
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Location:
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Kalamazoo
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Type of Business:
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Retail
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Asking Price:
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Gross Income:
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$73,791.00
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Cash Flow:
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Inventory:
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Inventory INCLUDED in asking price
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FF&E:
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Year Established:
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2007
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# of Employees:
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2 part-time plus owner
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Facilities / Lease Terms:
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This retail shop is 950 square ft. with clean well-organized displays and specialized containers to maintain freshness of product.
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Real Estate:
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The business owner currently rents the space. Purchaser could consider the options of continuing the owner’s lease, starting a new lease, or changing locations.
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Growth Opportunity:
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The seller can assist the buyer with insight of past successes and current opportunities. Growth can be achieved by creating a marketing plan which would include updating the website and expanding product selection. Some wholesale accounts have been established and this is another avenue for growth.
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Competition:
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There are limited number of Tea & Spice shops in the city. Most have limited knowledge and understanding of their product.
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Financing:
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Support & Training:
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The seller will provide personalized training to help the purchaser take over providing for a smooth transition. Guidance on business activities and introductions to employees, customers and wholesale accounts will be given. The seller will be available for 6 months of email/phone support.
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Reason for Selling:
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The seller has had recent life changes which will require more attention. Looking for a qualified buyer that will take pride in serving the community a quality product and experience.
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Broker Contact:
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Mike Lundquist – Advanced Business Advisors, LLC
Office: 269-858-6543 Fax: 248-564-5259 E-mail: mike@AdvancedBusinessAdvisorsLLC.com |
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*The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility.
Above information is subject to change and/or correction and should not be considered binding.
