Northern Virginia Super-Successful Retail & Online Clothing

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Outdoor wear, Industrial Attire, Boots and More, this one slays it.
Asking Price:
$890,000

Gross Revenue:
$1,821,058
Cash Flow:
$256,604
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$400,000
included in asking price

FF&E:
$25,500
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This single location store was started 80+ years ago and has become a part of the fabric of the community in which is located. This store carries clothing lines focused on the outdoor, industrial rugged workers who need specialized clothing for any weather they encounter. The company has also adjusted to today's market trends by having a heave online presence and selling through their website while also offering a brick and mortar retail space for customers who still want to see, feel and try on merchandise before purchasing items they need. From commercial/industrial clients to the small business owner to the weekend warrior the company has earned the trust and respect of their customers over the years evidenced by their loyal following, experienced staff and years of service to the community.

About the Business

Year Established:
1936
Number of Employees:
4 FT/8 PT
Facilities:
The store is located in 7,000+ square foot facility within the city limits of a large city located in the heavy Northern Virginia region. The business is known for it's ease of access for customers with plenty of parking available.
Market Outlook/
Competition:
There is competition, however none of the competing stores have the history. Competitors seem to come and go however the businesses and customer base has a great loyalty to the store. The store has also adjusted to the market's online trends. It is hard to match the employees, experience, culture and location that this business has achieved.
Growth & Expansion:
The retail clothing industry is one that does evolve and change. Keeping up with those trends always offers new ways to create income streams and get creative on growth opportunities.
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About the Sale

Reason For Selling:
Owner has decided to pursue one last career change and challenge prior to retire
Training/Support:
Will train for 4 weeks @ $0 cost.

Listing Info

ID:
1478609
Ad Detail Views:
25

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months
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Business Listed by

Dick Halterman, II

Murphy Business & Financial Corporation

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U.S. Census Data for Virginia
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Virginia
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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