3403-11384 Established, Profitable Retail Store!

Undisclosed Address, New Jersey
Business Opportunity for Sale
Catylist Listing ID: 29850586
Property Subtypes: Clothing and Fashion
Building Size (RSF): See Agent
Sale Price: $184,900
Franchised Business: Yes
Year Business Established: 2014
Gross Revenue: $736,461 (Annual)
Cash Flow: $73,596 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Last Updated: 8/1/2017

Overview / Comments

Annual sales are up! Own a successful retail store in an excellent location. This business is one of the largest and most recognized brands in North America that buys and sells gently used teen and twenty-somethings clothing, shoes and accessories. Unlike consignment shops, inventory is purchased with cash on the spot. It is selected based on current styles, trends and condition always keeping it fresh. The store is designed to look similar to mall retailers but offers their customers prices at up to 70% less.

This store in only its 2nd full year grossed over $736K. The average store does over $1 million so there is room to grow! All the hard work of opening a new store has been done. It is ready for a new owner to take its current success to the next level.

Additional Details

Industry Segment: Clothing and Footwear Retailing
Reason for Selling: Personal/family issue.
Value of Inventory Included ($): $85,000
Value of Furniture, Fixtures, and Equipment ($): $180,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Store is located in a busy strip center with customers in and out throughout the day.
Employee/Labor Description: 1 FT/12 PT. Mon-Sat 10am-9pm; Sun 12pm-6pm.
Mgmt/Training Support Description: Daily Operations. Training provided and required by Franchisor upon transfer. Ongoing support in advertising, merchandising, social media, financial and inventory management.
Competition/Market Description: No direct competition in this targeted demographic.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 786 20,823
Median Age: 42.75 39.37
Households: 280 7,291
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