Profitable Hampton Roads Apparel & Decor Resale...

Hampton Roads, VA

Asking Price: Annual Revenue:
$72,000 $228,000

Retail: Non-classifiable

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RE: Profitable Hampton Roads Apparel & Decor Resale... Broker: Charles Broadwater, Jr.

Quick Facts

Asking Price: $72,000
Annual Revenue: $228,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 2
BBN Listing #: 476838944
Broker Reference #: RICHMVA001-N1511

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Business Overview:

* Become a part of the resale industry with this unique business model. * Apparel and décor resale stores are a growing part of the retail scene with more women shopping in these markets every year. * The markets offer shoppers flexibility and the opportunity to customize their fashion look and at home with décor in the same location. * These shoppers also are buying more economically and they have a wider selection of fashion and décor styles to choose from under the same roof. * This business capitalizes on that market, plus it allows shoppers to become sellers by renting space and setting up their own resale outlet. * Sale price includes $15,000 of inventory * The perfect storm!! 60 vendors, waitlist of 10-15 vendors, spaces are never empty, $33,000-$35,000 average monthly sales. The store can be run with the owner on-site 2 days with a full staff load.

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Reason for Selling:

Owner's 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.

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