5401-12630 Established Men's Clothing Store

Undisclosed Address, South Dakota
Business Opportunity for Sale
Catylist Listing ID: 30022689
Property Subtypes: Clothing and Fashion
Building Size (RSF): See Agent
Sale Price: $159,000
Year Business Established: 2012
Gross Revenue: $100,173 (Annual)
Cash Flow: $17,626 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Last Updated: 8/1/2017

Overview / Comments

Excellent opportunity to acquire an established, growing retail clothing store. The business has done an excellent job of branding, by offering unique, quality men's jeans, shirts, clothing and accessories. Currently, the owner oversees all aspects of business operations, including bookkeeping, managing employees and attending national buying shows for the latest in Inventory. Seller is motivated and is willing to work with a buyer to ensure a smooth transition.

Additional Details

Industry Segment: Clothing and Footwear Retailing
Reason for Selling: Owner looking to pursue other opportunities. Further education.
Value of Inventory Included ($): $70,000
Value of Furniture, Fixtures, and Equipment ($): $18,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Business currently occupies a high traffic storefront, with good visibility and access. Location has ample storage space, and some room for continued growth. Lease in place.
Employee/Labor Description: 1 FT/2 PT. Tues-Fri 10am-6pm; Sat 10am-5pm.
Mgmt/Training Support Description: Will train for 3 weeks @ no cost. Outside of the typical State and Federal licenses, no special skills or licenses required.
Competition/Market Description: Business has done a nice job catering to the professional and active gentlemen by offering unique items, gifts and accessories.
Growth/Expansion Opportunities: Business continues to grow steadily each year, with additional opportunities in a more aggressive marketing campaign. Opportunity also exists in developing an on-line sale presence, along with the addition of additional brands, items and accessories.

© 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.