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Business For Sale
UPSCALE APPAREL SHOP WEALTHY TOWN MOTIVATED SELLER
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Asking Price: |
$70,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Year Established:
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1955 |
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Yearly Revenues:
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$260,000 |
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Yearly Cash Flow:
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$65,000 |
Business for Sale Overview:
Summary Description:
Very nice upscale men's and women's apparel shop located in the heart of this wealthy Westchester town. The shop has 50% women's and 50% men's items. They carry top quality brands that are always in demand and have an average markup of about 150%. Low rent in a historical town building that has been home to the shop since 1955. This presents a great opportunity to build on a great local business.
Property Features and Assets:
1,100 square feet of space in a historical building in the center of a wealthy Westchester town. Has a large parking lot in back, new point of sale system and back office computer, new paint and carpets in 2006.
Market Competition and Expansion:
Children's clothing could be added to the lineup of men's and women's wear. The hours could also be expanded. E-commerce capabilities could be added to the web site to allow for new sales.
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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