Seller's Contact Information
- RE: Men's Outdoor Clothing Brand W/Retail Shop
- Contact: Saul Komisar
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | $150,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $65,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 3 | |
BBN Listing #: | 721249963 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Business Description:
This men's outdoor clothing brand has been developed over the last two years, with significant investment made in the design, fabric, variety of products, and securing stable sources of supply. The business caters to an underserved but affluent demographic (Males aged 18 to 55). The largest revenue source is sales of clothing meant for outdoor enthusiasts and casual weekend wear for all climates and seasons.
The quality and the design of the clothing have received praise, recognition, and community support. While much time and investment has been focused on early development, little has been spent on expanding sales channels. Almost all of the current sales come from its one retail location in Utah county. In addition, this store also carries some of the industry's most sought-after brand names that are difficult to find in other stores.
The current owner has spent time creating the brand and the design and buildout of the one retail store but does not work in the retail shop. The owner is effectively an absentee at this point, other than some back-office work when needed. The current staff is motivated and knowledgeable of the store's products, fittings, and the daily operation of the business. Although the store was closed for COVID, in-store sales have continued to grow. The current owner would like to sell the brand and/or the shop to someone with the resources to develop the business.
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Property Features and Assets:
Assets Included: Considerable thought, investment, and expense have gone into the brand's development and the first store. The store is new, inviting, creative, and designed to stimulate demand for its unique brands. The store is spacious and crisp in appearance yet still has room to add additional clothing within the framework. All of the buildout and equipment are either brand new or perfect. There is room to grow the clothing lines within the store
Market Competition and Expansion:
Business Highlights: •Semi-Absentee Owned Operated •Includes Over $38,000 in Inventory and $65,000 in Fixed Assets •Significant Investment in Branded Line of Products •Little Direct Competition •Exclusive Vendor Relationships with Premium Brands •Great area Demographics w/ Growing Population •Identified Growth Opportunities •Reliable Supply Chain •Fantastic Online Reviews •Product Line to Accommodate all Four Seasons •Seller Financing for a Well Qualified Buyer •No Advertising Expense •Possible Franchise Opportunity
Reason for Selling:
Career Change
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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