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  • RE:  Existing Lifestyle Apparel Business For Sale
  • Contact:  Philip Webb

Quick Facts

Asking Price: $125,000
Annual Revenue: $674,838
Net Profit: Not Disclosed
Cash Flow: $73,036
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 7
BBN Listing #: 939215
Broker Reference #: 86715-395227

Email or Print Listing

Business Overview:

*******Price Reduction********

Total Inventory is excluded from the purchase price and will be subject to buyer review. See Broker for further details. Offer seller financing up to 40% subject to final approval!

The business is a retail clothing store specializing in coastal, fishing, and outdoor lifestyle apparel and accessories. The company has achieved consistent sales year over year while creating an established reoccurring customer base for consistent same day sales activity. The store has access to premier apparel lines and vendors helping the store build brand to achieve improved year-over-year gross profit margins.

The business has a ready-made staff with low turnover. The store location has great visibility with plenty of space to support additional sales. This is a great opportunity for an owner operator business owner or an absentee investor.

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Property Features and Assets:

Monthly Rent: $8,737.77

Square Units (Foot, Meter): 5,912

Lease Expiration Date: January 30, 2025, 10:00:00 PM

Terms Options: Negotiable for new buyer

FF&E Overview:  all existing retail fixtures, racks, etc., computer and POS
equipment, security camera systems, and all existing leasehold improvements to the
space.

Market Competition and Expansion:

Potential Growth: This business could really grow, for an owner-operator working with the local college, student body, local trends, etc. to build upon a solid start for this retail location. While many of the key vendors are well sought out, a new owner could lean into solid trends, such as growth in new T shirt brands, new collegiate brands, & designs and vendors who are eager to grow their business in this market. A local owner with close ties to the town and University could further build-out their private-label T shirts as our own private label Ts have done very well in the market.

Reason for Selling:

Selling location to focus on other locations

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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