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Business For Sale

RETAIL SPORTSWEAR STORE IN GREAT AREA

Attn: Toni Denis
Nassau County, Long Island, NY, USA
Listing #: 851219730
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Asking Price: $149,000 USD USA Dollars
Business for Sale Industry: Retail: Clothing & Accessories  
Reason for Selling: Owners want to pursue other interests
Year Established: 1988
# of Employees: 2
Yearly Cash Flow: $80,000
Yearly Gross Income: $350,000
 

Business for Sale Overview:

Designer label exercise and active wear store draws in women shoppers from its wealthy location both by selling dance wear to their children referred by local studios and by being an attractive browsing spot in a strip center anchored by two extremely popular restaurants and several other upscale boutiques. Dance shoes and other accessories for children are also popular sales items. Its bestseller, however, are work-out clothes that can't easily be found elsewhere, including Michael Stars, Blue Fish, Joia Designs, Mari Dade and City Lights, not to mention Capezio, Danskin, Leo's and other traditional dancewear. The owners are ready to sell -- make an offer!


Property Features and Assets:

Located in a premier upscale shopping location with wealthy buyers abounding, this boutique packs in the designer labels in its 1,120-square-foot shop. Buyers are often browsers who find something unique and snap it up without looking at the price tag. The dance wear is targeted primarily for children, whose mothers make purchases for themselves as they shop. Great opportunity for expansion with novelty tees, tailor made garments, additional foundation wear and lingerie.


Market Competition and Expansion:

No immediate competitors in this upscale arena exist. A large shopping mall less than 8 miles away contains stores that have some of the same kinds of products, but the boutique's location near two very popular restaurants and other luxury-oriented boutiques make it a natural to attract buyers seeking its products.


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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