Men’s High End Clothing Store

Not Disclosed, FL
St. Lucie County


Asking Price: Annual Revenue:
$277,000 $624,829

Retail: Clothing & Accessories


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RE: Men’s High End Clothing Store Broker: John Devries

Quick Facts

Asking Price: $277,000
Annual Revenue: $624,829
Net Profit: $78,802
Cash Flow: $78,802
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 3
BBN Listing #: 2882630
Broker Reference #: 7301424136

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Business Overview:

Established over 23 years in the same location, this Men's Clothing Store is in the heart of Downtown, walking distance to the beach. They have consistent foot traffic every day and with no vacancies in this plaza, the lease is very desirable. They offer quality upscale men's clothing in a very affluent area with loyal customers. The seller is retiring and prepared to pass the baton to the next entrepreneur who is ready to make big profits from this well-known clothing store. Included in the purchase price is $140,000 of inventory at seller's cost. Don't Miss This Opportunity! Please refer to listing 7301424136, Business Broker John Devries when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $8,560; Square Footage: 4,000; Building Type: PLAZA; Terms & Options: NEGOTIABLE; Expiration Date: 1/1/2022.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 5

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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