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Business For Sale
BRAND NAME CLOTHING STORE IN ATLANTA
Attn:
Marian Andreescu
Atlanta City, GA, GA, USA
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Listing Number: "NASHVTN1672"
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Listing
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Asking Price: |
$345,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Reason for Selling:
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Owners live in Nashville. |
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Year Established:
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2006 |
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# of Employees:
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2 Full Time: 6 Part Time |
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Yearly Cash Flow:
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$178,881 |
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Yearly Gross Income:
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$546,104 |
Business for Sale Overview:
This upscale clothing boutique is located in one of the higher end Malls in Atlanta. Their reputation for carrying the latest fashion styles has earned them a significant celebrity clientele. They have a web presence that has helped in growing their company. A new owner could take advantage of this to increase sales and set-up an online store. The business is established into an LLC and ran by an absentee owner. The major products they carry are for both men and women, including, custom ordered garments and shoes. “Hot kicks and clothes is what it’s all about at this retail store, Come let us introduce you to the future of fashion!”
Property Features and Assets:
This company is located out of a super-regional shopping mall. The lease expires October of this year with an option to renew. The store is 2,900 square feet with a monthly rent of $4,600.
Market Competition and Expansion:
There is no other store quite like this. They stand out from their competitors by offering the newest styles before any of the clothing retailers around the entire Atlanta state.
"Atlanta's retail scene is on the rise," reads a headline from the Atlanta Journal Constitution. Real estate has also grown over the past decade in this bustling southern city, strengthening the economy overall.
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 not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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