A well-established kids consignment shop for 20 years with new and "like-new" clothing. Located in a major shopping center with lots of foot traffic and exposure. The business has been very successful, but in the last two years, it was necessary for the owner to 'manage out" the business and have it no longer owner/operator. This has all affected sales to some degree. A new owner/operator could improve sales quickly. The business is part of a successful franchise system. For detailed information, contact Mike Saedlo at 301-675-1292 or email at Mike@saedlogroup.com/
About the Business
Number of Employees:
Building Sq. Ft.:
$8,885.00 Per Month
3,000 sq ft, well stocked with nearly $60K worth of inventory. Updated POS systems. Turn key operation, the new owner would not need to invest for any new improvements.
No direct competition.
Growth & Expansion:
A full time owner/operator focusing on marketing and use of new social media, could make a world of difference for sales and profits! An increased sales of $300-400 a day, could yield an operating owner $100K a year!
Asking Price: $39,000 Gross Revenue: $360,000Cash Flow: $22,284EBITDA: $22,284Inventory: $60,000 not included in asking priceFF&E: $98,338 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Turn Key Kids Consignment Shop, Great Location & Low Price!
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