Kids’ Clothing Stores – Multiple Locations
| Asking Price: | $450,006 | Inventory: | $120,000 ++ |
| Gross Revenue: | $1,000,000 | Real Estate: | n/a |
| Cash Flow: | $175,000 | FF&E: | $135,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is an excellent opportunity to step into a solid, well respected business that has grown year over year throughout its 10 years in Austin, and thrived during our recent recession. The company has a unique business model that sets it apart from the competition and keeps it in a class of its own. The employee turnover is well below the industry norms and the customer base is very loyal. Each location is in a large, well travelled strip center with highway visibility. One of the locations was featured in a nationally syndicated show and won a prestigious award by a local family magazine. The current owners maintain detailed books and records and each location has a sophisticated POS system.
About the Business
Year Established:2000
Employees:11 full time - 7 part time
Franchise:Yes
Facilities:Each location occupies roughly 3,100 square feet of updated, attractive space on well traveled highways with good visibility. One store recently underwent a complete renovation including new FF&E.
About the Sale
Management Training and Support:Ample training will be made available.
Reason For Selling:The owners plan to enjoy an early retirement.
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