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Business For Sale

DANCEWEAR AND ACCESSORIES STORE

Attn: Eric S. Arroyo
Not Disclosed, TX, USA
Listing Number: "CT012808EA"
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Asking Price: $460,000 USD USA Dollars
Business for Sale Industry: Retail: Clothing & Accessories  
Reason for Selling: Owner is retirement age and had major surgery.
Year Established: 1991
# of Employees: 2 Part Time
Yearly Revenues: $142,366
Yearly Cash Flow: $38,285
 

Business for Sale Overview:

Established in 1991, this successful dance wear and accessories store is one of a kind in its area. The care and attention to detail by the owner is readily apparent. From customer records that span two generations to supplier and inventory information that demonstrates pride of operation, every aspect of this business is first class and customer oriented. Over the past 17 years, dance studios and instructors have relied on this shop to provide personalized service to insure customer satisfaction. The result is that over 2,000 potential customers can be referred in any year based on past service to the dance community, just in this city. Customers travel here from smaller towns miles away because this is the only dance wear and accessories store in this part of Texas of this caliber. In addition to dance wear apparel, customers can purchase shoes and tights. Suppliers are well recognized in the dance wear industry-Leos, Grishko, Capezio and Body Wrappers. Halloween costumes are sold and theme costumes can be rented. This is a true turn key operation with the employees, inventory, fixtures and systems ready to grow the business. With the addition of the internet and targeted marketing to additional studios and instructors, this business should grow quickly.


Property Features and Assets:

Well maintained 3,000 square feet metal building on a high traffic street across from major shopping centers. Attractive large showroom with an office, two bathrooms and three fitting rooms. Inventory is neatly displayed on low profile racks, wall shelves and wall peg board. Well lit with clean, white ceiling tiles. Showcases, stocking ladder and sound system are included. Concrete parking lot with easy access to the busy street. The store has high visibility to the passing traffic.


Market Competition and Expansion:

Competition:Almost non-existent for hundreds of miles. Only one dance studio in the city sells dance wear to their students. Growth and Expansion: Marketing now consists of referrals from studios and instructors as well as a Yellow Pages entry. Opportunity to expand business through targeted, local marketing and the addition of an internet site. Also, hours of operation are now Monday-Friday Noon to 6 pm and Saturday 10 am to 6pm. Expanded hours, with minor additional cost, should add additional revenue.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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