928255 International Clothing & Gift Shop w/Online Store

Listing Number: 9525-928255

Description

This amazing business was started in 1992, in a 100 sqft retail shop in Northern Virginia. For over 30-years it has been profitably operated by the same owner and has grown to occupy a popular 4,000 sqft retail outlet with a recently added on-line store.

For years, the Seller has traveled the world to establish relationships with designers and artisans to make the products offered unique and of the highest quality, International clothing, jewelry, and gifts are thousands of items are now offered to customers from over 80 countries including Australia, Egypt, Australia, Asia, and Europe.

The store includes a list of over 35,000 high income, and very discerning customers who appreciate the ethically produced designer fashions that are refreshed each season and only available in the US at this store. Most of the gifts and jewelry are also hand-crafted by international artisans and are not available elsewhere.

There are nine part time employees who mostly long term with years of training. The store enjoys a 4.5 stare rating on Google and has just recently developed a new on-line store through Shopify and updated their point of sale technology to allow on-line purchasing, wireless checkout tablets, and automatic inventory adjustment.

The Seller is planning to retire but is willing to stay on as a buyer or advisor for a few more years.

Listing Details

• Price: $995,000
• Down Payment: $995,000
• Sellers Discretionary Earnings: $212,000
• Total Sales: $1,200,000
• Location: Withdrawn City, Virginia


• Inventory: $250,000
• FF&E: $100,000
• Employees: 9
• Year Established: 1992
• Reason for Selling: Retiring
• Category: Retail Miscellaneous