Long-Established Office Supply Store in Houston Area w/Real Estate

, Texas 6 views 0 favorites

Financial Highlights
Asking Price
$399,000
Revenue
$42,000
Business Description

This is a unique opportunity to acquire a long-established office supply store in downtown Houston with real estate included. Located on major thoroughfare in downtown, the business offers over 24,000 office products as well as Custom Printings, Faxing/Copying, Laminations, Business Cards, Plaque/Trophy Engravings, Scully Wallets, McKlein Bags, Seiko Clocks, Cross Pens, and much more. Revenues are 85% commercial. Typical customers include law firms, City of Houston and oil /gas companies. Market downturn and Covid severely affected business. Huge potential for turnaround as owner has done no marketing and sales outreach. Sale includes over 40k inventory and 2008 Ford E150 van. Space can be repurposed as law firm, real estate, financial services, medical, etc. Low overheads as $1,595 monthly HOA covers utilities, A/C, WiFi, water, trash, 24 hour security, gym, pool, rooftop patio, two parking spots and two storage units. This property for sale includes an office supply unit (1169SF, owner occupied), a law office (319SF, $900/m) and a realtor office (281SF, $900/m). Prime location and excellent street visibility on first floor of hi-rise condominium building. Hurry before this one is gone! Please refer to CBB Listing #8280 Location: Houston, Texas Year Established: 2003 Real Estate: Owned Building Sq. Ft.: 1,200 Facilities: 1200Sf facility in commercial / residential space Growth & Expansion: Add outside salesperson. Target law firms, oil / gas, and government business. Advertise. Establish online presence. Raise tenant rates to market price.

Business Details
Industry:
Retail
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 5 hours ago

Views: 6

Favorites: 0