Multiple Unit- New and Used Clothing Business over $200k net profit

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Reduced Price- Flexible financing terms
Asking Price:
$490,000

Gross Revenue:
$974,427
Cash Flow:
$207,914
EBITDA:
$207,914
Inventory:
$80,000
included in asking price

FF&E:
$60,000
included in asking price

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Business Description

Retail clothing stores, that sell new and used clothing. Ideal locations in Chico and Redding CA. Both stores are completely turn key with management and an excellent sales staff in place.

Established customer base with over 20,000 Facebook followers. Business can be ran absentee or with an owner operator for additional income. The current owner lives out of state.

Recession proof business with huge growth potential. Opportunity to expand marketing, locations and a concept that is perfect for franchising. Business does even better in a down economy.

Highlights:
Turn Key- Manager and Staff in Place
Profitable- Gross Sales Nearing $1million
Training- 3 Months Onsite Support
Financing- Seller or Bank Financing
Flexibility- Run Absentee or Owner Operator

Please contact us for more information. Upon receipt of a NDA we will send you all the financial information on the business.

About the Business

Year Established:
2013
Number of Employees:
16
Real Estate:
Leased
Building Sq. Ft.:
7,000
Lease Amount/Mo.:
$11,000.00
Lease Expiration:
4/15/2021
Facilities:
2 locations- Sale includes all furnishings, inventory, computers, decor and security.
Market Outlook/
Competition:
Little to no competition. Both locations have an established customer base
Growth & Expansion:
Additional income of owners operators. Opportunity to increase local marketing.
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About the Sale

Reason For Selling:
Out of state owner. Owner wants to focus on his local businesses.
Training/Support:
3 Months on site, with extended support if needed.
Seller Financing:
Seller Financing up to 20%

Listing Info

ID:
1434582
Ad Detail Views:
84

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Business Listed by

Matthew Cohen

West Coast Business Brokers

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