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Business For Sale
UPSCALE WOMEN’S APPAREL BUSINESS
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Asking Price: |
$240000
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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The best alternative for continued growth. |
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Year Established:
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2003 |
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# of Employees:
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2 FT |
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Yearly Cash Flow:
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$122921 |
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Yearly Gross Income:
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$673808 |
Business for Sale Overview:
Upscale women's apparel retail marketer deeply market niched to service the specific needs of its long term affluent customer base. Unique, proven marketing formula provides discriminating clients with the level of merchandise, merchandising and customer care they expect. The business provides its clients a delightful shopping experience. Few, if any, competitors can or will match the level of customer care required to satisfy the expectations of this long term affluent customer base. Customers come to this business for "the right fashion, for the right occasion, in the right size...right now!" No known competitor matches the level of customer care provided by this business. Although, already highly profitable and growing, the business can be expanded by 40-60% in its current strategic location. It is also a solid candidate for geographic expansion to additional affluent shopping markets. Finally, it is an ideal fit for internet E-commerce expansion.
Property Features and Assets:
The 2,000 sq foot, leased facility is located in the heart of one of the most prestigious affluent shopping districts in the United States. The exterior decor is fitting for its purpose with two visible exterior entrances. The interior is also well suited for its purpose with high ceilings, fashionable newly painted decor, and upscale fixtures and furnishings. There is a loft that’s currently unused which is suitable for expansion.
Market Competition and Expansion:
Sales can be grown by 40-60% in the current facility. The business has a uniquely defined, long term, continuously repeating customer base which it is carefully and strategically expanding. There is also potential to further expand two very closely related product lines which are currently part of the product offering but is not featured to its fullest potential. The unique, proven marketing formula for providing discriminating customers with the service levels they expect can also be extended to additional geographic locations in affluent shopping districts and/or an internet e-commerce.
The business has few, if any, qualified competitors. Almost no business owners are able or willing to provide the affluent, discriminating women’s apparel and accessories customer base with the level of customer care they expect and can afford. This is particularly true locally, but management also believes it is true nationally as well.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is 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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