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- RE: International Clothing & Gift Shop W/Online Store
- Contact: Bill Kelly
Quick Facts
Asking Price: | $995,000 | |
Annual Revenue: | $1,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $212,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | 9 | |
BBN Listing #: | 734243891 | |
Broker Reference #: | 9525-928255 |
Business Overview:
This amazing retailer was started in 1992, in a 100 sqft retail shop in Northern Virginia. For over 30-years it has been successfully operated by the same owner and has grown to occupy a popular 4,000 sqft retail outlet in an eclectic small town on a busy main thorofare. For years, the Seller has traveled the world to establish relationships with designers and artisans to supply unique products of the highest quality reflecting the culture of their region. Thousands of international clothing, jewelry, gifts, and children items, many of them hand crafted, are offered from over 80 countries including Australia, Egypt, Australia, Asia, and Europe. The store enjoys a 4.5 stare rating on Google and has just recently developed a new on-line store through Shopify and updated their point of sale technology with wireless checkout tablets, and automatic inventory adjustment. The sale includes a list of over 8,000 high income, and very discerning customers, who appreciate the ethically produced designer fashions that are refreshed each season and only available in the US at this store. There are several part time employees, many of whom have been with the business for years and have been given excellent training.
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Property Features and Assets:
Monthly Rent: $2,700.00
Square Units (Foot, Meter): 4,000
Facilities: Retail Shop on main street of town.
Market Competition and Expansion:
Expansion: This business model, brand, products, and the store design has been meticulously positioned to roll out to other locations and on-line.
Competition: This retailer has carefully crafted a unique brand, with high quality international merchandise. There are no competitors offering similar merchandise in the town or region.
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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