Business For Sale

Price Reduced - Incredible ROI - Busy NE Location

Portland, OR
Multnomah County


Asking Price: Annual Revenue:
$110,000 $300,664

Retail: Clothing & Accessories


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RE: Price Reduced - Incredible ROI - Busy NE Location Broker: Daren Bucklin
License #: 201220285

Quick Facts

Asking Price: $110,000
Annual Revenue: $300,664
Net Profit: Not Disclosed
Cash Flow: $113,969
Total Debt: Not Disclosed
FF&E: $2,225
Real Estate: Not Disclosed
Year Established: 1995
Employees: 1
BBN Listing #: 547352348
Broker Reference #: 59071-87944

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Business Overview:

Not Your Average Retail Store - This upscale retail men’s clothing store specializes in men’s designer brands, featuring new and gently used men’s suits, shirts, trousers, jeans, footwear and accessories.

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Property Features and Assets:

Corner location on a busy street near other shops and restaurants In business over 22 years, this men’s clothing retailer has become a staple of the community with a solid reputation for quality, customer service and affordable new designer brands. This store specializes in new men’s suits as it’s staple merchandise, augmented by re-sale items from loyal consignors. This combination of new and gently used merchandise has created a unique business model which appeals to a large repeat customer base and profitable bottom line.

Market Competition and Expansion:

Excellent location on corner of busy Portland street in an affluent neighborhood with an excellent reputation built over the past 22 years. No other store like this in the area. A solid business model with steady growth in sales of new suits and accessories, plus designer re-sale items. The store has built a reputation for service and value offering high quality new merchandise and like new merchandise for a fraction of the original price. Showing Comments Contact Broker for Appointment to schedule after hours showing Potential Growth High quality re-sale is a multi-billion-dollar industry and among the fastest growing segments in retail. The consignment aspect of this business provides a profitable service, mixed with traditional retail of new suits and accessories with potential to add other brands. The shop currently outsources all tailoring and has the space to add this service for an additional revenue stream. An opportunity also exists to increase sales through the expansion of a formal marketing program and on-line sales. This store has branded itself well and has built a solid customer base to allow the right buyer to continue to grow.

Reason for Selling:

Retiring

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.

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