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RAY BROOK FROG

Retail: Rustic Home Furnishings

Asking - $ 925,000 + Inventory (est $ 200,000)    Cash Flow - $100,000 +

Business: This rustic retail store for high quality gifts and furniture is sited in Ray Brook NY, on busy State Route 86, 4 miles west of Lake Placid, the Olympic Village and mid-way to Saranac Lake, NY, an All American “ designated city, in the heart of the Adirondack Mountains. Blessed with the twin virtues of “Location, location …” – heavy traffic and a busy “lobster picnic” restaurant across the street – as well as a premium and loyal clientele, The Frog sells rustic furniture, camp and household artifacts, pictures and decorations, glassware, and unique camp accessories that appeal to the seasonal and year-round residents of the area. See the website: www.raybrookfrog.com for an idea of the attractive and unique stock of this truly different and well-staffed and well-stocked retail store. It advertises heavily in Adirondack Life magazine and in local newspapers and publications. The Ray Brook Frog is a fun business that deals with nice people.

INVESTMENT HIGHLIGHTS:

· Well-established premium boutique for rustic Adirondack furnishings and decorative items

·Located in busy, high traffic, high visibility location

·Loyal and talented staff is congenial and knowledgeable for upscale clientele

·New owner can enjoy a wonderful lifestyle in a four-season vacation environment, with year-round sports, lake and mountain amenities

·Consistent sales, moderate inventory and better than usual profitability

Facilities and Equipment: The single story 3,900 square foot log building has a similarly sized lower basement storage space, and contains four connected well-illuminated retailing areas for display of their wide variety of goods. There is also a large, highly visible deck in front for showing outdoor Adirondack Chairs, tables and similar bulky patio and dock items. There is a central ”check out” counter with computer-supported cash register, etc. where the congenial staff greets those who come to shop and see the latest in quality interior decorations that befit a mountain holiday four-season situation. Heat is oil/hot air, there is a 200 amp electric service, and there is public water and septic.

This classic and yet rustic retailer is sited on a .4-acre level lot with parking for 25+ cars, and easy access from the heavily traveled main highway where it has 150' of frontage and good signage. Located in the community of Ray Brook, its neighbors include cabin motels, a busy restaurant, a home improvement center/lumberyard, a gas station, a Ford Dealer and the headquarters of the NY State Police, the Dept. of Environmental Conservation and the Adirondack Park Agency.

Financial: Gross revenues annually from an essentially seven-day-a-week operation - during the busy summer and winter visitor seasons at least - have consistently seen the $ 750,000 a year range, with the owner's enjoying cash flow prior to financial costs and taxes that exceed six figures. Real estate taxes are a low $ 4000. Gross profits of 35% indicate effective purchasing of goods whose inventory carrying value approximates $ 200,000.

Opportunity: Considering size, location on main road, nearness to tourist attraction, parking and quaint rustic décor, this is a premium opportunity for retailing to local residents and visitor. Current owners have been successful in building a great business over the last decade, need time now with family, and can turn over an exciting and profitable opportunity to someone with new energy and imagination who can build increased sales and profits … or just enjoy a comfortable great income in a beautiful area of the mountains.

Price and Terms: The real estate and business, goodwill, etc. are aggressively priced at $ 925,000, with inventory at cost in addition. Local financing is available to a credentialed buyer with $350,000. Motivated sellers will assist an orderly transition.

To view other featured business opportunities, click on a link below.

| Mfgr. Decorator of Ad Specialties, Souvenirs | Marina on Lake George | Gourmet Restaurant w Apt & 2 Stores  | Nursery, Garden Center and Landscaping | Ray Brook Frog | Water Treatment & Environmental Services | Designer Jewelry Store | Community Icon Restaurant Book Printer and Lithographer | Volume Mailing Service | Cabins, Motel and Rental Units | Motor Inn w Apartments & Home | Gaddy's Country Store | Silver Spruce B&B  | Cheese Manufacturing Farm & Residence | 100+ acre Sherwood Forest Motor Inn | Financial Services Company | Franchised Snack Food |

 

Contact Us at the Address/Phone Number Below

About Us | Buyers | Sellers | Listings | Contact Us

Country Business Services, LLC
P.O. Box 748, One Wilmington Road
Lake Placid, NY 12946
Tel/Fax: 518-523-9953
E-mail: CBSinADK@aol.com


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