NYC Discount Clothing Store (120K Net!!!)
Location: New York > Bronx County > West Bronx
Industry: Clothing and Fashion > Clothing and Footwear Retailing
Financials
Asking Price: $115,000
Gross Revenue: $360,000
Cash Flow: $120,000
Inventory: $40,000 (Included in Asking Price)
FF&E: $15,000 (Included in Asking Price)
Seller Financing: negotiable
Business Summary
West Bronx Discount Urban Wear Clothing Shop, Huge 2500 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 ½ 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 no other store 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.
About the Business
Year Established: 2005
Employees: 3 full time -
Facilities: 2500 square feet and 2000 basement
Market Outlook and Competition: Biggest and Best in Area
About the Sale
Management Training and Support: as needed
Reason For Selling: religious personal

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Listing Tools
BizQuest ID:916433
Business Listed By
Name:Bree Smith
Company:NorthBoro Business Consulting
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