Sell a Business!
Post a business for sale for as little as $99.95! |
|
|
Texas Business For Sale |
|
|
|
| PLATO'S CLOSET RETAIL STORE |
|
|
|
| Attn: John Hohenbrink |
| Plato's Closet |
| Dallas, TX, USA |
|
|
|
|
|
|
| Asking Price: |
|
$250,000 USD USA Dollars |
| Business for Sale Industry: |
|
Retail: Clothing & Accessories |
| Reason for Selling: |
|
Relocation out of state to care for ailing parents. |
| Year Established: |
|
2007 |
| # of Employees: |
|
10 |
| Yearly Revenues: |
|
$501,000 |
| Yearly Cash Flow: |
|
$80,535 |
| Yearly EBITDA: |
|
$80,535 |
| Yearly Net Profit: |
|
$80,535 |
| Yearly Gross Income: |
|
$501,000 |
|
|
|
|
|
|
Business for Sale Overview:
|
|
This is a great new franchise store (Plato’s Closet) that specializes in clothes and fashion accessories for teens and young adults. They specialize in only the hottest brand name designers for girls and guys. The store is ideally located in a high growth community with great demographics, visibility, and access. Similar stores in the chain have revenues over $1.7 million per year. This store is less than one year old and already profitable. The 2008 projection shows over $80,000 in cash flow with very conservative revenue projections. Nationally stores after only one year average $569,606 in sales with 62% Gross Profit margins. Please go to the franchisor's web site at www.PlatosCloset.Com for more information on the concept. Owner has to relocate out of state to care for ailing parents.
|
|
Property Features and Assets:
|
|
Brand new leased facility and build-out with 3,120 sq.ft. located in an upscale strip center on a hill with great visibility and access. Surrounding area has very high demographics and population growth. Great signage and inside build-out. |
|
Market Competition and Expansion:
|
|
Competition: No direct competitors in the area. There are seven other franchise units in the Metroplex that Co-op together for advertising purposes. This unit has the best location and is getting rave reviews from the customers. Growth and Expansion: Excellent location in a high growth community. The owner has flexibility to add products as they see fit. The local franchises have formed a co-op to share advertising and marketing dollars.
Up to thirty days training and support from the owner and excellent on-going support from the Franchisor. Local support from the co-op group also.
|
|
|
|
|
|
Additional Details:
|
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
|
|
|
|
|
|
To contact the seller of this
specific business for sale please complete and submit the following
form.
|
|
|
| Please provide any
additional details: |
|
|
* Indicates required field.
|
|