“Great Location, Outstanding Cash Flow”
Well-established, very profitable upscale clothier business that offers:
- Longevity; at the current location, 11 years
- Owner benefits of 389k
- Exceptional location and 1st class decor
- Inventory valued at 135k; included with the sale
- Pre-approved SBA loan
- Long-term lease with a rental rate below market
- Outstanding brand & customer loyalty
- Transition training at no charge
- Excellent financial records; CPA tax returns available
Year Established: 2006
Employees: 2 F/T; 1 P/T
Facilities: The business is located on the beautiful gulf coast. The business occupies about 3,800 sq. ft. with beautiful décor, large wrap-around windows for great visibility, and custom fixtures/cabinets. The facility has (2) bathrooms, (2) changing rooms, an office, and storage.
Competition: Very limited within a 20-mile radius.
Growth Expansion: This is the leading upscale fine men’s & women’s clothier in their market area. It has steady growth with excellent cash flow. The business does limited marketing…no outside sales, limited advertising, online sales, etc.
About the Sale
Financing: Pre-approved SBA loan.
Training: The seller will provide sufficient training to ensure a smooth transition at no charge.
Reason for Selling: The seller is retiring.
Asking Price: $690,000
Cash Flow: $389,000
Real Estate: Long-term lease with a rental rate below market.
FF and E: $17,550 (incl in sale)
Inventory: $135,000 (incl in sale)
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