Business For Sale

Retail: Clothing & Accessories


Unique Resort Wear, Seasonal & Profitable

Barnstable, MA

Asking Price: Annual Revenue:
$289,000 Not Disclosed

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RE: Unique Resort Wear, Seasonal & Profitable Broker: John Dirkmaat Murphy Business & Financial Corporation

Quick Facts

Asking Price: $289,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $111,302
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 6
Listing Number: 9554955

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Business Overview:

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%.

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Property Features and Assets:

Assets=$24,000

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:

Retirement

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 not a franchise resale opportunity.

Resources:

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