2 Franchise Clothing Stores - Netting over $480K

Not Disclosed, NJ
Gloucester County

Asking Price: Annual Revenue:
$1,050,000 $2,642,842

Retail: Clothing & Accessories

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RE: 2 Franchise Clothing Stores - Netting over $480K Broker: Joe Chiarello

Quick Facts

Asking Price: $1,050,000
Annual Revenue: $2,642,842
Net Profit: Not Disclosed
Cash Flow: $480,772
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 20
BBN Listing #: 15094955
Broker Reference #: 3403-16362

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Business Overview:

2 Franchise Clothing Stores - Netting over $480K - 10% down

You only need 10% ($105K) down to purchase these 2 successful Clothing Franchise businesses!

Nationally recognized leader in sustainable retail. They buy and sell gently used clothes, shoes, toys, and accessories for children of all ages. These 2 locations are well established stores with a long track record of success. 2021 has been more profitable already and sales continue to grow. Their trailing 12 months is over $480,000 net income.

We have all the financials to back up all these numbers from accountant! Staff is in place and operating both locations.

This business has been lender approved already. SBA will pay for the first 3 months of loan up to $9,000 each month free to you which is an extra $27,000 savings, means more money back to you your first year of owning it. You will earn $352,104 (after paying loan) first year getting your 10% back close to 3.7 months!!

Note: $300,000 of inventory is included in asking price.

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Property Features and Assets:

Assets = $500,000.

Reason for Selling:

Owners want to move on to other interests

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 a franchise resale opportunity.

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