Business Overview:
This business has been pre-approved for bank financing with only 10% down needed ($40,000). In the last 12 months this business has netted over $114,000. A new owner will net $73,000 first year after paying debt service, paying buyer back their deposit in 7 months.
Sales are up for 2021 and will beat previous years numbers!
This is a nationally recognized leader in sustainable retail. They buy and sell gently used clothes, shoes, and accessories for teens and young adults. This is business is a well established store with a long track record of success. This business is being sold as a hands on owner that already has an entire staff to operate the business in place.
NOTE: $150,000 of inventory is INCLUDED in asking price.
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Property Features and Assets:
Assets = $380,000
Reason for Selling:
Store is too far from home.
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.
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