Established Plato's Closet Seeking New Ownership

Conway, AR
Faulkner County

Asking Price: Annual Revenue:
$650,000 $1,045,922

Retail: Clothing & Accessories

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RE: Established Plato's Closet Seeking New Ownership Broker: Lane Auth

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,045,922
Net Profit: $142,791
Cash Flow: $210,220
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 10
BBN Listing #: 867547842
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This is the perfect opportunity for you to acquire a profitable and already established retail franchise with an attractive and recurring free cash flow, impressive profit margins, and turnkey business model!

- Average sales per franchise is $1.4 million annually.
- Average gross profit from sales is $890 thousand annually
- Very simple business model (retail-resale)

Financial metrics are based on a three-year average from 2019 through 2021.

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Property Features and Assets:

Move-in ready! This location is up-to-date on all facilities including its P.O.S software system, furniture, fixtures, and equipment. A new owner will not be responsible for any updates, repairs, or maintenance.

Market Competition and Expansion:

The projected outlook for the retail-resale market is hot! By 2023, the industry is expected to reach a market cap of $53 billion and continue to reach $77 billion by 2025! Now is the perfect time to enter this market.

Reason for Selling:

Ownership is moving

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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