Established Georgetown General Store & Gift Boutique - Profitable Retail Businesss
Georgetown, Iowa
About This Business
This well-established retail business has been serving the Georgetown community since 2013, generating impressive annual revenues of $954,372 with a healthy cash flow of $164,032. The operation successfully combines a traditional general store with a curated gift boutique, appealing to both local residents and passing tourists. With a loyal customer base developed over 11 years, the business benefits from prime visibility and strong brand recognition throughout the region. The operation is efficiently managed by a dedicated team of 5 employees who handle daily operations, inventory management, and customer service. The business has demonstrated consistent profitability and sustainable growth patterns, with proven systems and established vendor relationships that streamline procurement and operations. The inventory turnover is healthy, and the customer demographic spans multiple age groups and income levels. Owner is selling due to health reasons and seeking someone passionate about retail and community engagement to continue this legacy. The asking price of $497,069 represents an excellent value with a strong return on investment potential. This is an ideal opportunity for an entrepreneur looking to step into an established, profitable retail operation with existing infrastructure and a solid customer foundation.
Financial Details
Business Details
Deal Analysis
Estimated figures for analysis purposes only. Consult a financial advisor.