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Virginia Business For Sale |
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| 2 LOCATION BODY JEWELRY/PIERCING MALL RETAILER |
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| Attn: Ross Weinstein |
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| Hampton Roads, VA, USA |
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| Asking Price: |
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$485,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Clothing & Accessories |
| Reason for Selling: |
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Pursuing other interests. |
| Year Established: |
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1998 |
| # of Employees: |
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7 FT & 8 PT |
| Yearly Revenues: |
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$550,000 |
| Yearly Cash Flow: |
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$181,000 |
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Business for Sale Overview:
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This is a very beautiful, modern, fun and hip alternative 2 location retail store located in two high end/high traffic malls. It is easy to operate and manage, as the current owner is cash flowing $180,000/yr from the store, while only dropping in a couple hours a week. The owner doesn't work in the stores and does no piercing...In fact most employees only do sales and no piercing. Sales of body jewelry is the main source of revenue. It has solid cash flow for a part time owner and with a full time owner the sky is the limit. This retail/service business also has excellent margins, and many potential areas for grwoth and cross selling.
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Property Features and Assets:
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Two locations in 2 high traffic malls with a combined rent of approximately $10,500/month |
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Market Competition and Expansion:
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The only business of its kind in the two malls, creates a margin of safety, and makes business wonderful. |
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Additional Details:
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- 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 not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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