Exclusive 30 Year Ladies Clothing Business
Location Alberta,Canada
Asking Price Range < $250K
Gross Revenues $1459853
Net Profit / Cash Flow $158485
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1981
Number of Employees 4 - 5
Inventory 75000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training The owner will stay to allow for a smooth transition.
Reason for Sale The owner would like to retire.
Description Vr Business Sales in Edmonton AB presents:
Looking for a solid & successful business that has been operating for 30 years being sold under the current market value? CALL TODAY! Seller is looking to retire and move to a warmer climate, and is so motivated to sell that the asking price for this business is now $80,000 under current market value! This exclusive ladies clothing business in West and South Edmonton (2 locations, both renovated in the last 12 months) specializes in high end designer fashions that offers a range of clothing from the successful business women to the more casual but fashionable weekend wear. With Seller Discretionary Earnings at $158,000 in 2012 and consistent revenue in previous years, and an asking price of $100,000 plus inventory - DON'T MISS THIS OPPORTUNITY! The total inventory between the 2 stores is currently approximately $250,000, which is sold with the business but not included in the price of the business. Considering that to set up a new store costs over $200,000, $100,000 plus inventory for 2 fabulous looking stores, this business is now priced to sell fast! (Please take note that inventory will vary depending on season/period of the year).Become the proud owner of a proven business that offers its clients (and of course YOU!) designer name clothes that offer women great fit AND great style. To name a few designers this business carries Jones New York, Anne Klein, Simon Chang, Tahari, Micheal Kors, Eric Alexandre, and Nicole Miller. This retail business also has the accessories to help clients complete their look. This business is ideal for the business person with a good eye for fashion. Seller is willing to train and work with the new owner to pass on the long term/solid supplier relationships and purchasing techniques that have made this business a huge success.
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