Semi Absentee Run Franchise Retail Store

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Asking Price:
$170,000

Gross Revenue:
$642,024
Cash Flow:
$105,378
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This amazing retail franchise store opened in 2011 and has established a very loyal customer base. Forbes magazine has recently ranked it #1 Franchise in the $150K-$500K investment category. The business practically runs itself with minimal oversight. Focusing on the buying and selling of gently used, brand-name apparel and accessories, these stores fill a distinct niche in the retail marketplace. Current owner purchased the store in 2017 and is motivated to sell due to health issue. The sales has been stable even with the semi absentee owner. A more energetic owner should be able to increase the sales with market campaign. $40K inventory is included. REF# 8650

About the Business

Location:
San Jose, California
Year Established:
2011
Number of Employees:
16
Real Estate:
Leased
Building Sq. Ft.:
2,552
Rent:
$6,095.00 Per Month
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About the Sale

Reason For Selling:
health issue
Training/Support:
2 weeks

Listing Info

ID:
1607443
Ad Detail Views:
0

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Business Listed by

Michael Floorman

BTI Group Inc.
License# 01160661

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