Renowned, Long-Established Clothing Store for sale!

Asking Price$1,450,000

Cash Flow
$580,196
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,907,044

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$5,000,000
Not included in asking price
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Renowned, Long-Established Clothing Store for sale!


Asking Price$1,450,000

Cash Flow
$580,196
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,907,044

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$5,000,000
Not included in asking price
Business Description
NYC Metro Area

For five decades, this highly-renowned clothing store has been a staple in the local community. Two partners had a vision to provide customers with high-quality clothing brands along with personalized service, a vision they have achieved and upheld for many years.

The store offers the finest Designer brands, ensuring they are up to date on the latest trends in fashion. Their customer service, along with quality merchandise, that is custom tailored to the individual, has set them apart from competitors. Products are offered for both men and women, with a strength in product selection of Sportswear and high-end designer clothing.

Services offered include Personal Stylist/Wardrobe consultant services, Custom Tailoring/Alterations, and Made To Measure Clothing.

Located in an affluent area, the opportunity to purchase both the business AND the property that the business occupies is a can't miss opportunity. There is an additional tenant in the space, that will generate additional rental income as well.
About the Business
Years in Operation
55
Facilities & Assets
Total building: 13,400 sq. ft.
An additional tenant occupies 2800 sq. ft.

Business utilizes an upstairs office, tailor shop and storage space of approx. 1200 sq. ft.

9400 sq. ft is occupied as the store floor.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
13,400
About the Sale
Seller Motivation
Retirement
Transition Support
Sellers are open to a smooth transition and are willing to help the new owner as needed, assuming fair and agreeable terms.
Listing Info
ID
2413785
Listing Views
88

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Business Listed by: Michael Janis NJ Broker Plus LLC.

Listing ID: 2413785 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.