Clothing Store-Only 20% down, Netting $179,000.

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$450,000 $1,005,521

Retail: Clothing & Accessories

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RE: Clothing Store-Only 20% down, Netting $179,000. Broker: Joe Chiarello

Quick Facts

Asking Price: $450,000
Annual Revenue: $1,005,521
Net Profit: Not Disclosed
Cash Flow: $179,796
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:

ONLY 20% DOWN ($90,000) AFTER PAYING DEBIT SERVICE FIRST YEAR YOU WILL MAKE $127,721! YOU WILL GET YOUR 20% DOWN BACK IN LESS THAN ONE YEAR!! Pre-qualified for bank financing! Sales have increased 12% last year and already up for 2020! The past 3 years this business has been growing...numbers don't lie. This is an amazing opportunity to own a highly reputable business in an excellent location. The store offers teen and twenty-something clothing, shoes and accessories. 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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