This women & children Summer Resort Wear clothing store is a six figure cash flow business which currently operates 6 months per year. Employees are experienced part time veterans with 12 to 6 years tenure and take charge of pre-season housekeeping, stocking and merchandising. The current owners spend some off season time with elective travel to clothing shows which are usually in attractive cities. During the summer season the 4,000 square feet two story post n beam retail store is bustling and fast paced with all the racks full of quality brands such as Flax, Fresh Produce, Habitat, Nomad, Tribal and more. By September's end the current owners pack the small remaining inventory and close for the season. The average inventory is $250,000 with about 2.5 turns. Gross Profit (margin) averages 41%.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO CART button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Market Competition and Expansion:
There are only three similar stores within 10 miles any direction. All have considerably smaller stores and are isolated within their trade area. This business enjoys a strong reputation within the trade area and is also readily accessible to transient shoppers. Expand into men wear and Fall season clothing.
Reason for Selling:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.