Top Performing Teen Resale Store Available

Asking Price$2,500,000

Cash Flow
$600,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,826,800

Inventory$275,000
Not included in asking price
FF&ENot Disclosed

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Top Performing Teen Resale Store Available


Asking Price$2,500,000

Cash Flow
$600,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,826,800

Inventory$275,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Owners looking to retire! Own an iconic store that has proven success year-over-year, decade over decade!

Established in 2002 this location in Vermont is a high sales volume store in the top 2% for a brand with over 500 stores across the U.S and Canada! Located right off the interstate in the heart of Williston shopping, all three Winmark brand clothing stores are right in a row creating a destination shopping location. The current owners have a 30+ year relationship with the landlord demonstrating the longevity of this store and location. With 7000 sq ft of selling space, six POS systems, and a dedicated team of managers there is proven stability to support the numbers!

Plato’s Closet®, a Winmark teen resale brand, sets itself apart from other retailers by focusing on a gently used sustainable business model. It is a part of Winmark - the Resale Company®, the leading multi-channel retail franchisor in the resale industry, which has a proven track record of success and more than 1,315 small businesses operating in North America. Plato’s Closet joins current industry top brands such as Play It Again Sports®, Once Upon A Child®, Style Encore® and Music Go Round®.

Plato’s Closet specializes in buying and selling gently used apparel, shoes, handbags, accessories and more. Teens like to have trendy, brand-name pieces in their closet. Plato’s Closet gives them a resource to sell items they no longer wear, get paid cash on the spot, and purchase new items at a tremendous value – at up to 70% off regular retail.

Price does not include inventory.
About the Business
Years in Operation
23
Employees
35
Franchise
This business is an established franchise
Facilities & Assets
8000 sq ft with 7000 sq ft selling. Additional offsite storage.
Website
https://platoscloset.com/locations/williston-vt/own-our-store
Market Outlook / Competition
No other like it in the market!
Opportunities for Growth
Williston is continuing to develop and our market is seeing additional traffic and growth!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,000
About the Sale
Seller Motivation
Retirement
Transition Support
Owners willing to help with the transition and training.
Listing Info
ID
2266130
Listing Views
7128
Business Location

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Business Listed by: Cat Eckstaedt

Listing ID: 2266130 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.


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