Long Est Leather Store in Prime Location

Not Disclosed, TX
Dallas County

West Dallas

Asking Price: Annual Revenue:
$95,000 $195,000

Retail: Clothing & Accessories

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RE: Long Est Leather Store in Prime Location Broker: Stephen Lee

Quick Facts

Asking Price: $95,000
Annual Revenue: $195,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $11,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 2
BBN Listing #: 326119188
Broker Reference #: 000744

Email or Print Listing

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Business Overview:

Prime mall location leather clothing store placed in high foot traffic area in West Dallas is available for acquisition. This business was originally established nearly two decades ago in 2000 by the current owner of the business. Most of the customers are middle-class men with a small mix of women that live in the surrounding densely populated residential neighborhoods as well as some tourists that is visiting the DFW metroplex. Net sales average was $215,000/year that has been steady due to some marketing done online through discounts and clearance sales promoted monthly. Although not much marketing is done for this business other than online discount promotion and word of mouth, other proactive marketing methods is available to maximize income potential as well as increasing the customer base by bringing in individuals from untapped areas. Competition is expected for any retail business within the clothing industry, but this business has the best price point for the quality of their products and has operated in the same location for nearly two decades with consistent income. There are many ways to proactively market this business such as direct mailing, coupons, social media outlets, business website, online store and updated interior design. Interior design needs to be updated to a more modern look as the facility currently looks a little outdated compared to other new clothing stores. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 2,384 Square Feet space of a well-known mall that has consistent foot traffic and visitors from the surrounding retail businesses. / Inventory: $60,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business provides the best price for the quality of leather clothing compared to the cheaper products that the competition currently carries. Growth and Expansion: There is no marketing in place except for promotional discounts and sales.

Reason for Selling:

Other Opportunities.

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 not a franchise resale opportunity.

Relevant Links:

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