Listing Number: 86715-882693
Description
Total Inventory is excluded from the purchase price and will be subject to buyer review. See Broker for further details.
The business is a retail clothing store specializing in women’s casual and sportswear apparel and accessories. The store has been in business for over 60 years having an established reoccurring customer base while creating consistent same day sales activity. The store location has over 6K SFT of floor space for retail sales coupled with an E-Commerce platform for online client sales. The store has access to premier apparel lines and vendors, further helping the store build brand with its existing client base reflecting increases in year-over-year gross and operating profit margins.
The business has a ready-made staff with management in place while achieving a very low turnover. The store location has great visibility with plenty of space to support additional sales. This is a great opportunity for an owner operator business owner or an absentee investor to build off an existing company’s brand, which has been in existence for over 60 years. The owners are selling their commercial real estate properties separately, however pricing is outside of the business sale. See broker for further details.
Listing Details
- Price: $ 541,341
- Down Payment: $541,341
- Sellers Discretionary Earnings: $ 220,013
- Total Sales: $ 1,509,305
- Location: Alabama
- Inventory: $ 296,948
- FF&E: $ 0
- Employees: 12
- Year Established: 1967
- Reason for Selling: Retirement
- Category: Clothing
