Catylist ID:
#30876120
Unique Retail Opportunity in Historic Haverhill, MA
Business Opportunity
for Sale
| Catylist Listing ID: | 30876120 |
| Property Subtypes: | Retail Stores |
| Building Size (RSF): | 5,000 SF |
| Sale Price: | $195,000 |
| Name of Establishment: | Vintage View Antiques |
| Business Website Address: | https://www.facebook.com/VintageViewInc |
| Year Business Established: | 2012 |
| Gross Revenue: | $0 (Annual) |
| Cash Flow: | $0 (Annual) |
| Sale Terms: | Cash to Seller |
| Last Updated: | 9/8/2024 |
Overview / Comments
|
Business for Sale: Prime Expansion Opportunity in Historic Haverhill, MA Location: Historic Haverhill, MA, just north of Boston Property Type: Elegant all-brick 1880s Tannery Mill Building Opportunity Overview: Step into a thriving retail establishment with immense growth potential in the heart of historic Haverhill. This charming antique shop, housed in a beautifully restored 19th-century mill, presents a unique chance to expand dealer spaces from the current 12 to a remarkable 80-100 vendors. Current Business Overview: Current Operation: The business presently utilizes about 70% of its space for shop-owned items and a limited number of consignors, establishing a strong foundation for expanding to accommodate up to 80-100 dealers. Future Expansion: The expansive second floor is ready for transformation into additional retail space or event areas, offering further opportunities for growth and innovation. Included Infrastructure: Display Cases: 12 vintage 1920s Art Deco jewelry cases ideal for showcasing merchandise. Furnishings: All bookcases, furnishings, and rugs included to maintain an inviting shopping experience. Lighting: Strategically placed lighting fixtures enhance the store’s ambiance. Point-of-Sale System: Modern GoAntiquing! POS system for smooth and efficient transactions. Shop Merchandise: Includes all current inventory, featuring an exquisite 1880s piano and a wide selection of jewelry. Facility Features: Loading Docks: Two convenient loading docks for easy vendor access and deliveries. Parking: Dedicated parking lot plus ample on-street parking for customers. Rent: Affordable monthly rent of $2,400 with a 5-year lease option, ensuring long-term stability. Operating Costs: Low monthly operating costs contribute to a healthy profit margin. Location Highlights: Located on River Street (Rt. 110), this prime spot benefits from high foot traffic and the historic charm of the building, attracting antique enthusiasts, collectors, and shoppers from both local and surrounding areas. Why Invest in This Opportunity? With a solid customer base and a rich inventory, this well-established business is primed for substantial expansion. The potential to grow from 12 to 80-100 dealer spaces, combined with a strategic location and a supportive community, makes this an ideal investment for entrepreneurs or investors looking to capitalize on a successful retail venture. Seize this exceptional opportunity to lead a flourishing antique shop in one of Massachusetts' most historic towns. Contact us today for more information! |
Additional Details
| Nearest MSA: | Boston-Cambridge-Newton |
| County: | Essex |
| Industry Segment: | Independent Stores |
| Reason for Selling: | Retiring |
| Value of Inventory Included ($): | $90,000 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Employee/Labor Description: | Sole proprietorship with occasional help |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 18,929 | 70,348 | 187,496 |
| Median Age: | 35.6 | 38.96 | 36.73 |
| Households: | 7,739 | 27,797 | 68,400 |
Contact
Bob JamesKeller Williams Gateway Realty - KW CommercialNECPE Member |
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