25yr Old 3 Store Women’s Specialty Retail w/3yr $700K+ Net on $3.2M!!!
| Asking Price: | $3,750,000 |
| Gross Revenue: | $3,200,000 |
| FF&E: | $400,000 |
| Cash Flow: | $700,000 |
| Inventory: | $650,000 |
| Established Year: | 1999 |
Highly Profitable $700K+ Net 25yr Old Women's Specialty 3 Store Op $3.75M w/$650
This upscale, locally owned/operated 25-year old company has a strong and consistent revenue stream with benchmarks that far exceed industry averages. Margins are consistent at 55-58% compared to the industry average of 46%. Net income is on average 17% compared to the industry average of 5%.
The $500 billion women’s designer/fashion jewelry and apparel industry outlook is forecast to grow steadily at 5% over the next several years with the local/regional economies on the rise at 5-10% annual growth. The company is in a very strong position to continue to grow due to positive economic conditions and the strength of an established repeat customer base. Expansion opportunities exist for additional stores within the metro area as well as expanded ecommerce sales. Currently ecommerce sales account for less than 1% of overall revenue, providing strong opportunities to reach new customers.
The turnkey business is only a few miles from major highways and highway arteries in a 1 million+ metro area. The low cost of living, minimal competition and existing labor force make the location very attractive. The business has a team of loyal and very seasoned employees. The owner will provide extensive training and support during the 15-day transition.
