Price Drop! Established In 1986 Lingerie Store
Not Disclosed, NC Cabarrus County
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- RE: Price Drop! Established In 1986 Lingerie Store
- Contact: Greg Davis
Quick Facts
| Asking Price: | $45,000 | |
| Annual Revenue: | $130,494 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1986 | |
| Employees: | 3 | |
| BBN Listing #: | 940503 | |
| Broker Reference #: | 14341-180697 |
Business Overview:
A well-established Lingerie and Novelty Shop presents a perfect opportunity for an entrepreneur to develop a very profitable online business.
This business has been operating from its current location for close to 40 years offering its loyal clientele the best selection;
Specialty Gifts for Bachelorette parties, the latest in Lingerie and Dance Wear, as well as the most popular Adult Toys.
The Shop encompasses about 1,800 sqft providing the perfect space for packing and shipping internet orders in the back with a very nice showroom for the lingerie and dance wear, with dressing rooms, and a separate sow room for the Adult toys. The rent is $1,400 per month.
The inventory is estimated to be about $100,000 and FF&E is about $50,000, both included in the asking price of $45,000.
The seller is retiring.
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Property Features and Assets:
Monthly Rent: $1,400.00
Market Competition and Expansion:
Competition: Very Little competition in the area.
Expansion: The addition of an online store would greatly increase sales.
Reason for Selling:
RetirementAdditional 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
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