High End Men's Clothing Boutique

Not Disclosed, MI
Oakland County


Asking Price: Annual Revenue:
$475,000 $481,774

Retail: Clothing & Accessories


Request More Information
Contact the Seller

RE: High End Men's Clothing Boutique Broker: Ken Lee
License #: 6505426729
Owner Financing is Available!

Quick Facts

Asking Price: $475,000
Annual Revenue: $481,774
Net Profit: Not Disclosed
Cash Flow: $62,822
Total Debt: Not Disclosed
FF&E: $48,205
Real Estate: Not Disclosed
Year Established: 1980
Employees: 3
BBN Listing #: 35659995
Broker Reference #: 217-20080

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This is an opportunity to take over an established men's clothier serving discerning customers for over 40 years in southeast Michigan. Owner has been in this industry fifty years while many national brands have come and gone. Merchandise is sourced in Europe where relationships have been built over decades. This is a uniques store in the local area and customers come from far and wide including out of state. Opportunities exist for fresh energy and insights in the areas of fashion, retailing and marketing, including digital marketing and on-line commerce. The sales price includes all inventory, leasehold improvements, equipment, website, domain name and all assets of the business enabling a new owner to assume and enhance the momentum of the business. See the store and understand the experience! For additional information please contact listing agent Ken Lee.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This is a leased location of 2,816 square feet with a Total Rent of $6,219. Lease ends 6/2023 with a one 5 year lease option. Seller is active in the business with 3 Full Time employees. Hours of operation are Pre-COVID: Monday - Saturday 10 AM - 6 PM, Currently: Monday - Friday 10-4, Sat by Appointment. $538,000 in Inventory and $48,205 in FF&E included in Asking Price. $36,243 made in Leasehold Improvements. Assets include: all assets in store, all art work, lighting, electric shutters, tables, wall units included!

Reason for Selling:

Retirement

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:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!