Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Business Opportunity. Ladies Clothing Business
LISTING DETAILS
Firms For Sale ID:
28039
Vendor reference:
8022-11-44
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Business opportunity:
Asking price:
$375,000
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$1,459,853
Net profit / cashflow:
$158,485
Years established:
1981
Number of employees:
4
Business website:
OTHER DETAILS
Reason for selling:
The owner would like to retire.
Financing available:
Negotiable
Support and training:
The owner will provide sufficient training to allow for a smooth transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
VR Business Sales Presents:
These 'niche' boutiques offer clothing from various lines including lines from New York, Montreal, Europe and cater to women looking for casual every day wear, business attire, chic or for unique styles that will have heads turning and people saying: WOW!What makes this business a great opportunity?
Business operating for over 30 years, with proven success
Annual sales over $1,400,000 for years
Seller Discretionary Earnings of $158,000 in last fiscal year
Long-term managers and staff taking care of the day-to-day operation of the business
Asking price of $375,000 includes $300,000 in inventory
Fall 2013 season clothing pre-ordered
Seller will accompany buyer to next season buying shows to introduce buyer to suppliers and teach the ins and outs of 'buying for your customers'
Asking price under market value - ONLY because Seller is ready to retire NOW!
If you have an eye for fashion, are ready to become your own boss, want lots of flexibility, travel a few times per year to shop and avoid the risks of a new business, this business is for you! CALL NOW!
Expansion Potential
4 full time staff that have been with the business over 3 years. There is a manager on site in each of the retail stores. Some employees are up to 10 years tenure and well trained at retail sales.
Market / Competition / Non-Competition Agreements
Strengths & Opportunities This operation has loyal employees, as well as a very loyal, long term clientele base. Long term staffers willing to transition to a new owner. This has been an owner absent operation and there is room for this operation to grow with a hands on manager.