Sportswear Store in Upscale Harlem Neighborhood

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Retail: Clothing & Accessories


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RE: Sportswear Store in Upscale Harlem Neighborhood Broker: Jay Goldman

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 20104447
Broker Reference #: 29905

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Business Overview:

This Hip Sportswear Store not only nets its owner $180,000 annually on $390,000 in sale, but its rent is ridiculously low at $2,250/month for 2,000 square feet with an unused basement with the same footprint. The lease runs for another 10 years. In business for 5 years now, the seller invested $170,000 in the store's build-out and it shows. The Asking Price of $315,000 is just 1.75 times the $180,000 the owner is pocketing. All of his numbers are verifiable. Plenty of room for changing rooms, inventory storage, and office space in the back. Inventory is Not Included in the Asking Price. This space could be re-purposed for another concept Do be very discreet when visiting the location, as the employees and customers do not know the business is for sale. Kindly then contact listing broker, Jay Goldman, should you have any questions and would like to make an appointment to meet with the owner for a full tour of the facilities. Please contact us for further information.

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Reason for Selling:

The seller needs to give another one of his business.

Additional Details:

  • The property is owned.
  • The owner is not 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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