Men's Apparel Shop - Absentee Owner
Location New York,United States
Asking Price Range < $250K
Gross Revenues $600000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Seller has other businesses that they need to focus on.
Description This men's apparel shop is operated owner absentee and has 2 employees with a combined payroll of $120,000, providing an opportunity for a new owner to keep additional money if they become an owner/operator. The store's focus is denim and casual wear for 30-45 year old men. Great location in wealthy Westchester shopping center. 2008 sales are consistent with past years which is a testament to their following.
Facilities: located in a popular shopping center in one of Westchester's wealthiest towns, this men's apparel store has 1,470 sq ft, unlimited parking, and a clean and upscale interior. The seller requests that the name of the store be changed at the time of the sale.
Competition: This apparel shop is focused on men 30-45 years old and they have a very strong following in that demographic.
Growth and Expansion: The age range can be expanded to add younger or older men's clothing and the lines can be expanded beyond denim and casual wear.
Support/Training: Seller will help transition the buyer.
Contact for more information on this Men's Apparel Shop for sale.
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