Sportswear Store in Harlem - 29905

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$315,000 $390,000

Retail: Sporting Goods, Recreation


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RE: Sportswear Store in Harlem - 29905 Broker: Jay Goldman

Quick Facts

Asking Price: $315,000
Annual Revenue: $390,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 5784447
Broker Reference #: Not Disclosed

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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 9 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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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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