Retail - Miscellaneous Retail | Retail - Home Furniture & Furnishings

Asking Price	$1,640,000	Inventory	$1,000,000*
Gross Income	$1,150,000	Real Estate
Cash Flow	$325,000	Year Established	2002
FF&E	$175,000*	Employees	5 - inc owner

* included in the asking price

** not included in the asking price

Great Retail Opportunity, turn-key operation in growth market

Established retail store selling high-end, handmade wool oriental, middle eastern and native american rugs, high-end accessories and hand made wood furniture, located in Bozeman, MT. Includes a home interiors design center. Purchase price includes $1,000,000 +- in inventory at cost. Also $175,000 in F F & E. Owner will provide outside appraisal on inventory. All assets will be debt free at closing. Sales growth has averaged over 30% per year since 2004 with sales on track to top $1.1% Million in 2007. Over 80% of sales are in rug lines. Gross margins average 60% with nearly 2/3 of sales being repeat business through established Interior design firms and their clients. Location is on a main road with over 30,000 per day traffic count. Customers are primarily affluent clientele who have primary or second homes in the area. Trade area (direct and through Interior Design Firms) includes MT and surrounding states and markets including , Big Sky, MT, Jackson Hole, WY; Couer D.Alene, and Sun Valley, ID, Aspen, and Vail, CO., and Spokane, WA. Main local market is Bozeman, MT and surrounding area which has a population of nearly 90,000 people, with growth averaging nearly 3% per year since 2000. Bozeman is located in the beautiful Gallatin Valley, and is surrounded by mountains, lakes and streams and is also the gateway community to Yellowstone National Park. Quality of life is high and the area is known for world class fishing, hunting, skiing, hiking and numerous outdoor activities. Home to Montana State Univ. and some of the worlds most elite private communities including the Yellowstone Club; Moonlight Basin & Spanish Peaks. BizJournals magazine in 2005 ranked Bozeman as the #1 small market in America for small businesses.

Facilities: Store is located in a 7900 s.f. leased building on a main traffic route with over 30,000 per day vehicle count. Building is less than 2 years old. Lease is assumable and has multi-year extension options. Lease has an addendum which specifies that leaseholds, signage and trade fixtures are the property of the tenant and remain with the store.

Competition: Store is located in one of the fastest growing markets in the Western States. Business has substantial repeat business. Competition is limited. Certain suppliers and vendors give the store extended unsecured trade datings out to 1-year which owner will help to negotiate similar terms for new buyer.

Growth/Expansion: Additional services include cleaning, refurbishing, appraisals and repair of rugs. Owner is developing limited wholesale business as well.

Financing: Possible partial owner financing up to $500,000. Negotiable.

Support/Training: Owner who has over 30 years in the high-end rug business will stay on for up to 2 years to train and transition new owners to the business including working with main customers and suppliers.

Reason Selling: Owner is retiring.