Hot Listing
20yr Old Retail w/$230K Net on $1.2M Sales for $795K!!!
Business Description
Niche Retail Avg'g $1.2M/$230K w/$100K Inv for $799K!
This established specialty retail apparel company has operated successfully for 18 years in Tulsa's metropolitan market, serving over one million residents. The business generates annual revenues of $1.2 million with net income of $230,000, representing a 19% net profit margin that significantly exceeds the industry average of 5%.
Financial Performance:
The company maintains gross margins consistently above 55%, compared to the industry standard of 45%. Revenue has increased over 50% during the past three years, demonstrating strong growth trajectory. Monthly free cash flow averages $20,000.
Operations:
The business operates from a strategic location with proximity to major transportation corridors within the metropolitan area. Current inventory investment totals approximately $100,000. The company maintains both retail and specialty medical divisions, with the medical segment holding doctor and insurance accreditations.
Market Position:
The specialty retail apparel industry, valued in the billions, is projected to grow 5% annually, matching regional economic growth forecasts. The medical division shows projected growth potential of 40%. The business benefits from an established customer base with strong repeat patronage and minimal local competition.
Growth Opportunities:
E-commerce currently represents less than 1% of total revenue, presenting significant expansion potential. Digital marketing initiatives are projected to increase online sales by 30%. Additional expansion opportunities exist within the current metropolitan area and surrounding regional markets.
Staffing:
The operation includes an experienced store manager and established team of loyal employees. The current owner will provide comprehensive training and transition support over a 15-day period.
Financing:
SBA financing options are available with estimated debt service of $8,000 monthly over a 10-year term.
Financial Performance:
The company maintains gross margins consistently above 55%, compared to the industry standard of 45%. Revenue has increased over 50% during the past three years, demonstrating strong growth trajectory. Monthly free cash flow averages $20,000.
Operations:
The business operates from a strategic location with proximity to major transportation corridors within the metropolitan area. Current inventory investment totals approximately $100,000. The company maintains both retail and specialty medical divisions, with the medical segment holding doctor and insurance accreditations.
Market Position:
The specialty retail apparel industry, valued in the billions, is projected to grow 5% annually, matching regional economic growth forecasts. The medical division shows projected growth potential of 40%. The business benefits from an established customer base with strong repeat patronage and minimal local competition.
Growth Opportunities:
E-commerce currently represents less than 1% of total revenue, presenting significant expansion potential. Digital marketing initiatives are projected to increase online sales by 30%. Additional expansion opportunities exist within the current metropolitan area and surrounding regional markets.
Staffing:
The operation includes an experienced store manager and established team of loyal employees. The current owner will provide comprehensive training and transition support over a 15-day period.
Financing:
SBA financing options are available with estimated debt service of $8,000 monthly over a 10-year term.
About the Business
- Years in Operation
- 18
- Currently Relocatable
- Yes
- Facilities & Assets
- 1700 sq ft of retail space including storage area. Over $100K in buildout upscale boutique decor and setting in one of the region's premier shopping centers. Current lease through 11/30/27 with option to extend through 11/30/32.
- Market Outlook / Competition
- "Best in Class" niche retailer with no real local competition. Exclusive accredited medical products/service provider with approved insurance reimbursement in place.
- Opportunities for Growth
- Owners have plans to franchise brand including lucrative medical products/services division.
About the Sale
- Seller Motivation
- retirement
- Transition Support
- Owner will provide 15 days training and transition consulting.
- Financing Options
- 10%
Listing Info
- ID
- 2408708
- Listing Views
- 585
Listing ID: 2408708 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleOklahoma Businesses for SaleOklahoma Clothing & Fashion Businesses for SaleOklahoma Clothing & Footwear Retailing Businesses for Sale