Asking Price: $40,000 Get FinancingGross Revenue: $370,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $65,000 included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Resale is big business and the trend continues in the women's apparel category. Style Encore is ranked in both Entrprenuer Magazine's Franchise 500 and Top 100 Franchisees for 2018. The store is available due to family commitments that are taking the franchisee away from the business. This is a turn-key opportunity and all offers will be considered.
As a brand, the system average gross sales are over $650,000 with the top store in the system at $1.6M. With profit margins of over 57% the financial model for this business is unparalleled in retail.
Style Encore is a trendy women's resale store that pays CA$H on the SPOT for gently used women's clothes, shoes, handbags, jewelry and accessories! If you love interacting with people and want a business you can step in and have an immediate impact on sales, this is the perfect opportunity!
About the Business
Number of Employees:
7 most pt
Building Sq. Ft.:
This store is located in a beautiful shopping center on a very busy main street. The center is less than 10 years old, has ample parking, and three (3) separate exit/entrances. The store is next door to an extremely popular ALDI food market. Other tenants in the shopping center include Plato's Closet, Dollar Tree, Firehouse Subs, Noodles & Company, Ledo's Pizza, Starbucks, Paris Nail Salon, Homegoods Store, as well as Northwest Federal Credit Union. The landlord has been very supportive and responsive.
There are no viable competitors in the local market due to the uniqueness of the business model. The nearest national competitor is located approximately 1 hour away. Ongoing efforts to educate and familiarize the community at large with Style Encore should compel greater foot traffic, store buys and sales.
Growth & Expansion:
Store sales have increased gradually since Jan. 2017 as more of the surrounding community becomes familiar with the store and business model. Ongoing social media marketing as well as local marketing efforts will increase foot traffic, store buys and sales.
Training provided and required by franchisor upon ownership. On-going support in advertising, merchandising, financial and inventory management, social media training and more provided by franchisor through field visits, regional meetings and national franchisee conferences.
Women's resale franchise - #7 in Top 100 Franchises 2018!
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
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