Seller's Contact Information
- RE: Highly Profitable Specialty Men's Clothing /Shoes
- Contact: Lake Country Advisors
Quick Facts
Asking Price: | $3,500,000 | |
Annual Revenue: | $4,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,428,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $500,000 | |
Real Estate: | $630,000 | |
Year Established: | 2002 | |
Employees: | 5 | |
BBN Listing #: | 168422468 | |
Broker Reference #: | 2692 |
Business Overview:
Incredible Opportunity! Well established Specialty Men’s Clothing Store with well over a decade of strong sales and established business with a loyal following. This is your opportunity to take this business to the next level as they have just started tapping into one of several key growth opportunities and many more abound for a new owner that wants to see sales skyrocket. This opportunity has strong cash flow!
The Seller is willing to work with the new owner and implement a successful transition plan.
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Property Features and Assets:
Property has a great location! Real Estate is included and boasts of a main floor footprint of 11,500 square feet with a full basement and working elevator between floors for ease of transport of Inventory.
Market Competition and Expansion:
Some area competitors exist, but they are relatively weak in their offerings and price points in comparison which has created a loyal following for this business. They have just started to embark on an e-commerce website that is brand new and can be developed. Other growth opportunities exist for an ambitious owner.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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