Seller's Contact Information
- RE: Established Plato's Closet Seeking New Ownership
- Contact: Lane Auth
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $1,045,922 | |
Net Profit: | $142 | |
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 |
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.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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