Upscale Men’s Clothing Store – Nearly 40 Years in Business – Westlake
Business Description
High-end retail store offering premium brands, strong margins, and steady $240K
This menswear retailer is a long-established upscale men’s clothing retailer serving affluent clientele in Westlake Village, Lake Sherwood, and North Ranch. Founded in 1988, the store has built a reputation for exceptional service, curated merchandise, and a loyal customer base of over 2,000 names. Customers include professionals, executives, and high-net-worth families, with some spending $10K+ annually.
The store offers premium Italian brands such as Canali, exclusive lines not available in department stores, and select private-label apparel. Annual sales average $1.2–$1.3M with gross margins of 55–61% and Seller’s Discretionary Earnings (SDE) typically $200K–$300K.
The store offers premium Italian brands such as Canali, exclusive lines not available in department stores, and select private-label apparel. Annual sales average $1.2–$1.3M with gross margins of 55–61% and Seller’s Discretionary Earnings (SDE) typically $200K–$300K.
About the Business
- Years in Operation
- 37
- Facilities & Assets
- The business operates from a prime 2,500 sq. ft. retail space in Westlake Village, CA. Current rent including CAM is ~$14,000/month, with lease through July 2026. Fixtures and equipment of approximately $25,000 are included.
- Market Outlook / Competition
- The business serves affluent professionals and families in Westlake Village, Lake Sherwood, and North Ranch, with loyal repeat clientele and a customer list of ~2,000 names.
While competition exists from national retailers and online platforms, the store’s nearly 40-year history, strong reputation, and high-touch customer experience provide meaningful barriers to entry. - Opportunities for Growth
- expand digital marketing, build e-commerce sales, add tuxedo rentals, and consider additional locations. Business is SBA loan-eligible; limited seller financing available.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $14,000.00 per month
- Lease Expiration
- 7/31/2026
About the Sale
- Seller Motivation
- Owner retiring after nearly 40 years in the industry
- Transition Support
- 6 weeks of training at up to 20 hours per week.
Hands-on guidance in daily operations, purchasing, and vendor management.
Introductions to key customers and vendors.
Support with POS system (Heartland Retail) and bookkeeping handoff.
Guidance on marketing campaigns, promotions, and tailoring processes. - Financing Options
- The owner is willing to carry a 10% note for a qualified Buyer to assist, if needed,
Listing Info
- ID
- 2415859
- Listing Views
Listing ID: 2415859 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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