Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$75,000 USD USA Dollars
Business for Sale Industry:	Retail: Clothing & Accessories
Reason for Selling:	Seller has other businesses that they need to focus
Year Established:	2003
# of Employees:	2
Yearly Revenues:	$600,000
Yearly Cash Flow:	$100,000

Business for Sale Overview:

This men's apparel shop is operated owner absentee and has 2 employees with a combined payroll of $120,000, providing an opportunity for a new owner to keep additional money if they become an owner/operator. The store's focus is denim and casual wear for 30-45 year old men. Great location in wealthy Westchester shopping center. 2008 sales are consistent with past years which is a testament to their following. The inventory of $200,000 is optional for the buyer to purchase from the seller.

Property Features and Assets:

Located in a popular shopping center in one of Westchester's wealthiest towns, this men's apparel store has 1,470 square feet, unlimited parking, and a clean and upscale interior. The seller requests that the name of the store be changed at the time of the sale.

Market Competition and Expansion:

Competition: This apparel shop is focused on men 30-45 years old and they have a very strong following in that demographic. Growth and Expansion: The age range can be expanded to add younger or older men's clothing and the lines can be expanded beyond denim and casual wear.

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.