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- RE: 60-Year-Old Women's Retail Business For Sale
- Contact: Philip Webb
Quick Facts
Asking Price: | $541,341 | |
Annual Revenue: | $1,509,305 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $220,013 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1967 | |
Employees: | 12 | |
BBN Listing #: | 942868 | |
Broker Reference #: | 86715-882693 |
Business Overview:
Total Inventory is excluded from the purchase price and will be subject to buyer review. See Broker for further details.
The business is a retail clothing store specializing in women’s casual and sportswear apparel and accessories. The store has been in business for over 60 years having an established reoccurring customer base while creating consistent same day sales activity. The store location has over 6K SFT of floor space for retail sales coupled with an E-Commerce platform for online client sales. The store has access to premier apparel lines and vendors, further helping the store build brand with its existing client base reflecting increases in year-over-year gross and operating profit margins.
The business has a ready-made staff with management in place while achieving a very low turnover. The store location has great visibility with plenty of space to support additional sales. This is a great opportunity for an owner operator business owner or an absentee investor to build off an existing company’s brand, which has been in existence for over 60 years. The owners are selling their commercial real estate properties separately, however pricing is outside of the business sale. See broker for further details.
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Property Features and Assets:
Facilities: Commercial Block & Brick Building used as retail space. They are willing to lease the location to a potential buyer based on market rents.
The building rental space is approximately 8,460 Square Feet Retail Building with over 6,000 square feet in retail floor space.
Market Competition and Expansion:
Expansion: Continue to build off of the existing E-Commerce platform while using more social media and other digital marketing services to further improve sales and profitability.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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