Own a Lucrative ReSale Franchise with Rising Profits

Listing Number: 52661-237706

Listing Details

Own a Lucrative ReSale Franchise with Rising Profits
Price: $599,900
Location: Buncombe County, North Carolina
  • Down Payment: $539,910
  • Sales: $1,202,965
  • Seller's Discretionary Earnings: $233,000
  • Inventory: $100,000
  • Furniture, Fixtures, and Equipment: $87,000
  • Rent: $8,200
  • Employees: 15
  • Year Established: 2009
  • Reason for Selling: Other interest

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For More Information About This Listing
Sherrye Coggiola

Business Description

Are you looking for a lucrative business opportunity in a booming industry? Look no further than Plato's Closet Asheville, a well-established resale store business for sale in North Carolina, United States! Plato's Closet Asheville has been the go-to destination for teen and young adult styles and brands for over 15 years, making it a trusted name in the recycled clothing market in Asheville. With a solid foundation built by the original owners who successfully operated the business for 8 years, the current owner has taken this thriving business to new heights of success. One of the key strengths of Plato's Closet Asheville is its commitment to excellent customer service and community engagement. The store not only sells gently-used clothes and shoes but also buys items daily from local community members, providing over $450,000 in cash payments each year "on-the-spot". This not only benefits the sellers but also drives repeat business and loyalty from customers. Since taking over the business in 2017, the current owner has significantly grown the business, with sales surpassing $1.2 million annually. This growth can be attributed to the owner's hands-on approach, effective management team, and focus on key business areas such as attentive customer service, daily inventory management, expanded advertising efforts, and employee development. But the exciting part? The potential for even further growth is immense! The resale apparel market is ripe with opportunities, especially in strategically targeting the youth demographic (students) and high-growth diverse communities (Latino/Hispanic). By tapping into these customer segments and focusing on common values such as affordability, authenticity, and digital connection, the sky's the limit for this business. If you're a savvy entrepreneur looking to capitalize on a well-established business with loyal clients and significant growth potential, Plato's Closet Asheville is the opportunity you've been waiting for. Don't miss out on this chance to own a thriving resale store business in a prime location! For more information on this exciting business opportunity, visit https://www.tworld.com/. Take the next step towards owning your own successful business with Plato's Closet Asheville!

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