Turn Key Menswear Clothing and Apparel Store

Richmond County, NY

Asking Price: Annual Revenue:
$650,000 $650,000

Retail: Clothing & Accessories

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RE: Turn Key Menswear Clothing and Apparel Store Broker: Barry Schechter

Quick Facts

Asking Price: $650,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $229,900
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 5
BBN Listing #: 3414447
Broker Reference #: 15471 Schechter

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Business Overview:

Location! Location! Location! Located on high traffic road in Richmond County. Established In 1985! This Well Known, Well Respected Family Owned Operated Business sells Brand Name Menswear Clothing and Career Apparel. Brands include Hugo Boss, Lorenzini, Zanelia and much more. Annual Sales Avg. $700,000 to $900,000 with Adjusted Net Of $230,000 for 2009. This store is located across major office supply & stationary store. Moreover, property is available to buy from Seller-Don’t forget to ask for price "Property". A new owner, with a good credit rating, can secure a mortgage from a local bank. It is a must own business for a person who wants to buy a business with property and a good savvy buyer should not ignore this great business opportunity! This could be eligible for SBA with Property! Call the listing broker for the address, and visit the business which you will never regret. Buyers, please have proof of funds for $600,000 along with net worth of $1M.

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Reason for Selling:

other business interests

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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