Business For Sale

Franchise Clothing Store for Sale in Tidewater, VA

Not Disclosed, VA

Tidewater Area

Asking Price: Annual Revenue:
$795,000 $1,050,000

Retail: Clothing & Accessories

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RE: Franchise Clothing Store for Sale in Tidewater, VA Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $795,000
Annual Revenue: $1,050,000
Net Profit: $300,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: Not Disclosed
BBN Listing #: 550348609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a well-respected and growing women’s clothing franchise store in Tidewater, Virginia. The store has a loyal following and continues to grow its sales annually. This is the most successful store in the franchise’s system. The business is run largely self-sufficiently with the manager and a new owner could either run the store or opt to continue the current ownership model. The store is located in a popular shopping center.

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Property Features and Assets:

Location is leased in a popular shopping center.

Market Competition and Expansion:

Globally, women’s apparel is an enormous industry that is continuing to grow. Worldwide, the clothing industry is expected to see double digit growth through 2020, growing by as much as 17.2%. As the millennial generation—which is bigger in number than the baby boomers—continues to get older and enter into prime spending years, their spending on clothing is expected to increase. Indeed, apparel is the biggest sector in the entire retail industry, generating the most revenue. In 2013, women’s apparel sales equaled a whopping $116.4 billion, and that number is only going to grow. Women spend more than any other demographic on clothing and fashion, so investing in a clothing franchise is a smart way to tap into this industry.

Reason for Selling:

Owner wishes to pursue other business interests.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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