1033-10381 High End Ladies Clothing Lines For Sale

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 29681522
Property Subtypes: Clothing and Fashion
Building Size (RSF): See Agent
Sale Price: $4,500,000
Year Business Established: 1982
Gross Revenue: $4,200,000 (Annual)
Cash Flow: $769,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

Absentee Run. Upscale, High-End Ladies apparel multi-retail stores plus significant Real Estate included in South & Central Florida. 36 years and growing. Business priced at around 2X earnings multiple plus Real Estate. Lender pre-qualified with 25% down with R/E. Great for Female Entrepreneurs & R/E investors: Top designers & Fashion names with exclusivity protection, so no real competition. Must love the exciting glamour industry & yearly international trips to run-way shows & wholesale buys. Experienced management team in place. Must see to appreciate. Interested buyer must provide proof of funds + business bio. No exceptions.

Additional Details

Industry Segment: Clothing and Footwear Retailing
Reason for Selling: Moving.
Value of Inventory Included ($): $650,000
Value of Furniture, Fixtures, and Equipment ($): $152,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $3,000,000
Real Estate Lease Description: Business operations are divided into three locations, two locations are valued at around $1M each and must be included with the purchase.
Employee/Labor Description: 11 FT/16 PT. Mon-Fri 9am-6pm; weekends during busy season.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. Business is run through the managers, so hours are pretty light.
Competition/Market Description: The larger the store, the more buying power and exclusivity with suppliers. This is a large store that enjoys benefits the smaller competitors do not have.
Growth/Expansion Opportunities: With three locations already, there could be more major city locations added. The room is there to grow continually.
Seller Financing Description: Lender pre-screened with $750k down.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.