NOT DISCLOSED, New Jersey
| Asking Price |
$550,000 |
Year Established |
2022 |
|
| Annual Revenue |
$1,200,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Libby Rabinowitz |
|
| Annual Cash Flow |
$160,000 |
Listing Number |
1002861 |
|
| # of Employees |
7 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
SBA Pre-Qualified Women's Clothing Store Only $150k Down!
SBA Loan Pre-Approved! Women’s clothing store, opened in 2022, is a well-established boutique known for current and modest fashion for teens and adults. The business is doing approximately $1.2M in annual sales with an SDE of about $160K. It operates out of a 1,500 sq. ft. rented space in a new, upscale shopping center with excellent visibility, ample parking, and a long-term lease already in place. The owner has over 30 years of retail clothing experience and built the store with a solid marketing foundation, creating a well-recognized name in the community. A trained sales team is already in place, and the owner is willing to provide training and remain as a consultant to ensure a smooth transition.
The store works with about 20 reliable suppliers and carries a full range of everyday wear, along with a recently added line of special-occasion gowns. It serves a strong customer base of religious Jewish women, many of whom travel specifically to shop here because of the store’s reputation and consistent quality.
This is a turnkey opportunity for a buyer who wants to continue growing an established store with no direct competition.
Property Features and Assets:
<p>Opened in February 2022 to specialize in women plus sizes<br></p>
Market Competition and Expansion:
<p>No competition<br></p><p><br></p><p>Expand current store; Add locations; Open Website; Manufacture basics.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity