NOT DISCLOSED, Utah
| Asking Price |
$1,875,000 |
Year Established |
1997 |
|
| Annual Revenue |
$1,414,824 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$208,883 |
Attention |
Lynn Lee |
|
| Annual Cash Flow |
$0 |
Listing Number |
1011943 |
|
| # of Employees |
19 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
Step into a highly specialized retail niche with a long-established reputation, loyal repeat clientele, and three Utah locations positioned for continued growth.
This specialty lingerie and bra fitting retailer has served women across Utah for nearly 30 years, building a strong reputation for personalized fittings, inclusive sizing, and exceptional customer service. The business operates three established locations with experienced management already in place and a loyal customer base that drives strong repeat business and referrals.
Included in the sale is approximately $480,000 in inventory, with healthy retail margins averaging 55% to 60%. The owner maintains limited involvement, making this an attractive turnkey opportunity for a new owner.
Highlights Include:
• Nearly 30 years in business
• Three established Utah locations
• Loyal repeat clientele
• Strong specialty niche positioning
• Experienced staff and management team
• Approximately $480,000 in included inventory
• Growing sales trend
• Expansion opportunities through ecommerce and digital marketing -- This is an excellent opportunity to acquire an established specialty retail brand with strong customer loyalty and immediate operational infrastructure already in place.
Property Features and Assets:
<p><br></p><p>This is a multi-location business with different leased locations. Seller is active with 18 FT and 1 PT employees. Hours of operation are 10am - 6pm, Monday - Saturday. $481,202 in inventory and $8,100 in FF&E included in the asking price. $50,532 made in leasehold improvements. Business license required. </p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity