Trending Eco-Conscious Clothing Retailer in NYC

Listing Number: 6842-184230

Description

This clothing retailer is a market leader having exponential growth since inception. It currently operates in three prime NYC locations. The owner noticed an opportunity early and established this business which was not only ahead of its time but continues setting the standard for a green solution to clothing shopping. Hand selected vintage pieces ensure only the highest quality and most on trend clothing is available to their customers. The company has built a loyal local base that continues to grow as more people become conscious of their clothing purchases and the impact it has on the world.

The strength of the business shows as it has fared well through Covid-19. There is also a strong management team in place that has allowed the owner to step away from the day to day operations. A great growth opportunity to this already successful business is a focus on growing the online sales portion of this company. The Vintage and Second Hand market segment is expected to see compounding growth through 2025, and this company continues to maintain margins well above the industry average.

Listing Details

  • Price: $8,000,000
  • Down Payment: $6,500,000
  • Sellers Discretionary Earnings: $1,685,036
  • Total Sales: $3,564,846
  • Location: New York

  • Inventory: $225,000
  • FF&E: $25,000
  • Employees: 12
  • Year Established: 2011
  • Reason for Selling: Moving Overseas
  • Category: Clothing
Trending Eco-Conscious Clothing Retailer in NYC

Contact Agent:

John Zarou
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