Package Deal! 4 Stores for Sale! Netting $725K

Not Disclosed, NJ

Asking Price: Annual Revenue:
$1,600,000 $5,315,966

Retail: Clothing & Accessories

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RE: Package Deal! 4 Stores for Sale! Netting $725K Broker: Joe Chiarello

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $5,315,966
Net Profit: Not Disclosed
Cash Flow: $729,712
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 20
BBN Listing #: 52074955
Broker Reference #: 3403-16361

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Business Overview:

Package Deal! 4 Stores for Sale! Netting $725K - 10% down

You only need 10% ($160K) down to purchase these 4 successful Clothing Franchise businesses!

This is a nationally recognized leader in sustainable retail. They buy and sell gently used clothes, shoes, and accessories for teens, young adults and children. These 4 locations are well established stores with a long track record of success. 2021 has been more profitable already and sales continue to grow.

Their trailing 12 months is over $725,000 net income. They have all the financials to back up all these numbers from accountant! Staff is in place and operating all 4 locations.

This business has been lender approved already. SBA will pay for the first 3 months of loan payments up to $9,000 per month free to you which is an extra $27,000 savings, means more money back to you your first year of owning it. You will earn $530,000 (after paying loan) first year getting your 10% back close to 3.7 months!! The SBA guaranteed loan must be approved before 9/30/2021, or earlier if funds run out.

Note: $600,000 of inventory is included in the asking price.

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:

Assets = $930,000.

Reason for Selling:

Owners want to move on to other interests.

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 a franchise resale opportunity.

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