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Business For Sale

Charming Shoe and Fashion Boutique in Upscale Area

Bronx, NY

Retail: Clothing & Accessories

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$65,000
$78,391
Not Disclosed
$1,458
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2008
1
710322777

Business Overview:

This neighborhood gem presents a new owner with a loyal customer base and excellent upside growth potential. Current owner must sell to assist in another family business but has recently put together a superb business model for this highly-visible store on a well-traveled main street. Take advantage of high pedestrian and vehicular traffic with this popular retail presence in a well-known shopping district.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Rented 950 square feet showroom with additional 950 square feet fully-usable basement on very busy urban thoroughfare, located near subway and bus stops. Plenty of metered parking is available on the streets surrounding the store.

Market Competition and Expansion:

The space is under-utilized…owner states that a broader product offering would likely boost traffic and revenues. The current owner has advertised only minimally in a local newspaper, relying on repeat business, referrals, and walk-ins, so only the surface has been scratched! There is no direct competition in the immediate and surrounding area.

Reason for Selling:

Owner’s family needs her to assist in another family business

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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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