Very Profitable, High End Clothing Store Available
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $360244
Net Profit / Cash Flow $137665
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2004
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 4 weeks training at $0 cost. The owner will also consider a partner arrangement as ownership, and will be happy to work as buyer and consultant for a new owner as well.
Reason for Sale Retiring.
Description Very profitable, high end clothing and accessories store available for sale. Enjoy ownership of this profitable,exclusive, well respected and established clothing store serving men and women. Located in a Great area on a Prime main street. The fashion lines available include Tommy Bahama, Bugatchi, S.Cohen, Schuyler and several others on the mens side and Carolyn Vaile, Canvasbacks, Farinaz, Donna Degnan, and more for the ladies. The personal contact provided by the employees ensures a loyal clientel while the business has increased steadily over the past several years. In addition to clothing, the store also offers tuxedo rentals, and jewelry and watch accessories. The owner will also consider a partner arrangement as ownership, and will be happy to work as buyer and consultant for a new owner as well. The owner will consider holding a note for the qualified buyer as they are anxious to sell.
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