Woman's Clothing Store In Prime Location

Not Disclosed, NC
Pitt County


Asking Price: Annual Revenue:
$65,500 $176,955

Retail: Clothing & Accessories


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RE: Woman's Clothing Store In Prime Location Broker: Sean Rollins
Owner Financing is Available!
$3,250.00

Quick Facts

Asking Price: $65,500
Annual Revenue: $176,955
Net Profit: Not Disclosed
Cash Flow: $33,831
Total Debt: Not Disclosed
FF&E: $34,676
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 909558201
Broker Reference #: 13485-282056

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Business Overview:

Woman's resale clothing store, with prime location, in a highly trafficked shopping center! This business purchases a wide range of in style, lightly worn woman's clothing, and sells it for a fraction of the retail price.

This turn-key business is primed for growth in a surging industry, and a town that is rapidly expanding. Definitely a gem for anyone who wants to own their own clothing store!

This business is owned and operated by a mother/daughter team, and a father who is not involved in day-to-day operations. It was created from an idea to provide the daughter an independent opportunity to apply her knowledge of fashion, as she prepared to graduate from high school, as well as to provide the mother a career change from the medical field. The father, who has lengthy experience in starting businesses, did a year and a half of marketing research for site selection, which led to Greenville. He spent 5 months on the site build out, and doors opened in October 2014.

The current resale market is trending up, with many Americans going green and recycling. Couple that with the fact that Greenville is rapidly expanding each year, with the continued growth of East Carolina University and the Vidant Medical Center, and Fashion Traders is primed for organic growth.

The sellers have considered setting space aside in their store for new items, which could attract a new market of customers who are not open to resale. Private shopping hours could also be offered, where a customer invites friends to shop for a set time after hours.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET 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.

Reason for Selling:

Retiring

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.

Relevant Links:

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