NOT DISCLOSED, Virginia
| Asking Price |
$1,495,000 |
Year Established |
1936 |
|
| Annual Revenue |
$5,161,356 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
David Wechsler |
|
| Annual Cash Flow |
$692,636 |
Listing Number |
980328 |
|
| # of Employees |
19 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
Established Luxury Women's Clothing Business - 2 Prime Locations
This reputable, high-end, luxury women's clothing business has served customers for nearly five decades under the current owner -- a true "legacy" business. They offer everything from every day accessories to designer collections, including special occasion dressing and a shoe concession. They are known for their exceptional quality of service and the unique, enjoyable experience they provide. Stores are designed to be fun, not stuffy, and their trademark is the innovative way they display clothes on the floor, always a conversation piece for new customers.
These full-scale, women's specialty shops are in two prime Virginia locations: up-scale strip shopping centers in the heart of these cities' wealthy areas. They provide exclusive and convenient shopping experiences and constantly attract new customers in both locations.
Over the past five decades, this business has grown to become one of the leading women's specialty stores in the country. Given their history of success, stellar reputation, and continued growth, a spirited, experienced, retail-savvy buyer can blow the roof off this business. Truly one of a kind.
THIS BUSINESS REQUIRES A BUYER OR OWNER OPERATOR WITH STRONG RETAIL (preferably women's apparel) INDUSTRY VERTICAL EXPERIENCE. Buyers will need to be financially pre-qualified before consideration. Owner will provide a generous transition period.
Seller Financing Available for a Well-Qualified Buyer.
This business has been Lender Prequalified, which means you could own a business cash flowing over $692k for only 10% down!
At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
Property Features and Assets:
<p>Monthly Rent: $25,000.00<br><br>Square Units (Foot, Meter): 11,500<br><br>Lease Expiration Date: February 1, 2025, 12:00:00 AM<br></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