Listing Number: 9525-928255
Description
This amazing retailer was started in 1992, in a 100 sqft retail shop in Northern Virginia. For over 30-years it has been successfully operated by the same owner and has grown to occupy a popular 4,000 sqft retail outlet in an eclectic small town on a busy main thorofare.
For years, the Seller has traveled the world to establish relationships with designers and artisans to supply unique products of the highest quality reflecting the culture of their region. Thousands of international clothing, jewelry, gifts, and children items, many of them hand crafted, are offered from over 80 countries including Australia, Egypt, Australia, Asia, and Europe.
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 with wireless checkout tablets, and automatic inventory adjustment. The sale includes a list of over 8,000 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.
There are several part time employees, many of whom have been with the business for years and have been given excellent training. The Seller is planning to retire but is willing to stay on as a buyer or advisor for a few more years if required.
Don't miss this opportunity to expand on this solid foundation. This business model, brand, products, and the store design has been meticulously positioned to roll out to other locations and on-line.
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- Location: Withdrawn City, Virginia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
