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Clothing, Accessories, And Giftware Shop For Sale
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $156000
Net Profit / Cash Flow $27000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Inventory 60000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Description Financial information
asking: $57,500
gross: $156,000
cash flow: $26,520
furniture, fixtures & equipment: $30,000 (included)
inventory: $32,000 (included in price)
financing: seller will provide financing with 50% down. 3 years at 8% interest
Seller financing is available.
Summary description:
this exciting, eclectic ladies fashion and accessory store occupies an entire historical building with 1,200 sq ft of retail space and 800 sq ft of storage. Business has a loyal following and a database of over 2,400 customers, it has been profiled by the largest newspaper in Hampton roads as the go-to place for this type of shopping experience. This is event shopping at it s best, with always something new on the shelf. Present lease is only $1,000 for an entire building, parking and 1 acre of land in the town center. This location is in the direct center of one of the largest outdoor festivals in Virginia. This one event alone is like a second Christmas season. The present owner has put together a very attractive offering to move this business out of her portfolio. Asking price includes all ff&e as well as approx. $32,000 in inventory. Start business on day one. Owner financing. Call soon for a viewing of this business, this business should go pretty quickly. Email or call Ray at 757-287-4140 for more information on this clothing, accessories, and giftware store for sale.
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