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Business For Sale

Brand Name Footwear and Sports Apparel Store

Queens, NY

Retail: Clothing & Accessories

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,500,000
$2,200,000
$500,000
$500,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1976
6
942811983

Business Overview:

This business is a leading retailer of top name foot wear and clothing and a destination store located in the NY metro area. Over its 35 years in business, this company has established an impeccable track record for providing a broad selection of high quality, in demand brand items including goods from Nike, Puma, Jordan, Timberland, New Balance, Reebok and many others. They are known for carrying one of the largest selections of these quality names in the Metro NY area and are recognized for their ability to fulfill the continuing strong demand for these items in their geographic market. Families and sports apparel aficionados travel to this store from Long Island and all five boroughs to make purchases. They have an excellent reputation for outstanding customer service due to their professional and highly efficient staff. They are widely recognized as a company that is totally committed to reliability, quality and complete customer satisfaction.

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:

The store is operated in a 4,200 sq. ft. building conveniently located near a number of major interstate roadways and key subway lines to and from NYC. The store is very attractive inside and out, and fully functional. The storage/inventory area makes up roughly 50% of the total building square footage and contains features such as easy accessibility for incoming trucks and highly functional racking and shelving. All inventory is arranged and stored in custom designed storage areas for easy picking.

Market Competition and Expansion:

Competition is very minimal and this company maintains a significant competitive advantage in its local market, due to its ability to satisfy virtually all of its customers’ needs quickly and efficiently. As the best known retailer of Brand Name Footwear and clothing in its area, their reliability and exceptional reputation for quality products and services provides a strong platform for maintaining profitability and market share.

Reason for Selling:

Retirement

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 a franchise resale opportunity.

Resources: