Profitable Resale Clothing Store-Only 20% down

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$299,900 $808,094

Retail: Clothing & Accessories

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RE: Profitable Resale Clothing Store-Only 20% down Broker: Joe Chiarello

Quick Facts

Asking Price: $299,900
Annual Revenue: $808,094
Net Profit: Not Disclosed
Cash Flow: $124,415
Total Debt: Not Disclosed
FF&E: $180,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 12
BBN Listing #: 77634955
Broker Reference #: 3403-11384

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Business Overview:

Pre-qualified for bank financing! Sales have increased every year since opening. This is an amazing opportunity to own a highly reputable resale business in an excellent location. The store offers gently used teen and twenty-something clothing, shoes and accessories. This is not a consignment. Inventory is purchased upfront and selected based on current styles, trends and condition always keeping fresh. The store is designed to look similar to mall retailers but offers customers pricing up to 70% less. This is your chance to take over a turn-key booming business!

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Property Features and Assets:

Store is located in a busy strip center with customers in and out throughout the day. Assets: $340,000

Market Competition and Expansion:

No direct competition in this targeted demographic.

Reason for Selling:

Personal/family issue.

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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