National Womans Apparel Retailer
Location Texas,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $6000000
Net Profit / Cash Flow $300000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 35 - 49
Inventory 4230450
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Training Yes.
Reason for Sale Retirement.
Description This is a very unique retail business that focuses on women's apparel and specifically elegant dresses for any occasion. Since inception, the Company has been profitable each year of operation, despite some trying times in our nation's economy. Presently the Company has 9 stores operating in four states and is one of the leading women's specialty retail chains in the country. The last store was added in December of 2004. Their philosophy is to have the perfect dress, at the perfect price, for any occasion. No other retailer devoted to this market niche can make that claim nor boast the selection and size range to accommodate the customer each and every time. The merchandise ranges from cocktail dresses to fully beaded pageant gowns. Each store is located in major metropolitan areas and the average store is 12,200 square feet, has more than 50 different designers, over 1,000 different styles and more than 13,000 dresses. Because of its size and market focus, the Company has exceptional buying power and carries personal relationships with not just the manufactures but normally with the owners of each manufacture; garnishing not only the best prices but also preferential treatment on styles and selection. The total market for this segment is over $1.5 billion dollars and more than 6,100 stores nation wide. The average store within this segment has sales per store in the range of $244,000, while the Company's average sales per store are $830,000 per location; more than 3.4 times the average store of their competitors.
With the infrastructure established, and the right strategic acquirer, the Company can grow to more than 100 locations and revenues over $100 million with a profit average in excess of 20%. Contact for more information on this National Womans Apparel Retailer business for sale.
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