Trendy Clothing Store
Location Bronx, New York, United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $120000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Inventory 40000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training One month.
Reason for Sale Religious and personal.
Description West Bronx Urban Wear Clothing Shop, huge 2,500 square foot space with 13 foot ceilings as well as 2000 square foot basement storage. Store sells all trendy urban fashions, affordable and mostly non brand for their loyal customers. Store grosses $360,000 annually with $124,000 net. Inclusive in sale is 40,000 of current merchandise and 15,000 of furniture fixtures and equipment. Run by owner and three employees, employees reliable with shop for 5, 2 and 2 years respectively. Lease below market and 6 1/2 years left, relationship with landlord very good. New lease can be inquired upon for qualified buyers. Owner leaving to relocate for religious and personal reasons. Business dominant in the neighborhood none its size or variety of goods, selling at a major discount and before major upswing for back to school sales, this opportunity will not last. Contact for more information on this Clothing Store for sale.
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