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  • Listing No.: 118-10346

  • Category: Retail

Asking Price $300,000.00
Down Payment
Gross Revenue $700,000.00
Total Adjusted Net Income $150,000.00
Equipment / Fixtures $50,000.00
Year Established 2018
General Location
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Unique Retail Clothing Retailer is offered FOR SALE.   Located in prime International Mall this business offers high margin opportunity, serves high end customer with unique clothing lines.  This is a niche business that can be scaled to all major markets as the name is trademarked as well.  Current owner lives in another state and is only involved in the buying of inventory and oversite which is easily done online through a well the turnkey system.  Sales expected over 700k for 2019, stores first full year, with adjusted net north of 150k.  Owner has other major business developments in another state and feels that he needs to let someone take this to the next level with more involvement in the business.  He will train and assist with the transition for the new owner as expected.

Gross Revenue $700,000.00 Listed Price $300,000.00
Total Income $150,000.00 Down Payment
Base Rent Square Feet 1500
Total Rent $9,200.00 Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $50,000.00 Other Assets
Full-Time Employees Training Period
Part-Time Employees Special License Required
Contract Staff Reason for Selling

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.