Primary Category:Clothing & Accessory Stores for Sale
A Women's retail shop providing clothing for a targeted market of 30 years and up. Inventory style is comfortable with a combination of casual and classy accessories. Accessories are either high-quality to dress up for a special event, or trendy for day-to-day wear. The shop is located in an upscale neighborhood high traffic retail mall with many repeat customers and walk in traffic. Having been in business for almost 30 years, they have a proven track record of success and repeat clients.
This is a well-maintained family-owned business, with excellent customer service comments and reviews, online. It is not like a large chain clothing store, so the service that they provide is personable with enough salespeople to cater to the individual's needs. When you walk in, you are greeted and given the attention you need.
Sales Price does not include inventory of approximately $80,000, and it changes constantly because of the quick turnover of clothing items.
They have many community events, and a social media presence and there is opportunity to grow the online business.
There is a Non-Compete Clause for 5 years within a 25-mile radius.
Systems used: Shopify POS, QuickBooks Enterprise, QuickBooks POS and Payroll, MS Suite Word & Excel
Other: Canva, Five Stars texting, Barcodes
If you have thought of owning your own clothing store, do not let this one pass you by!
Financial Information
$110,000
Asking Price
$48,000
Cash Flow
$600,000
Gross Revenue
On request
Down Payment
Business Location
City:
Central Valley
State:California
Reason for Sale
Retirement
Detailed information
Year Established:1995
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:7
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
On request
Inventory Included: No
Inventory Value:
$80,000
Monthly Rent:
$1,767
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1611
FF&E Included?: Yes
FF&E Value: $43,000
Training/Support
Seller will negotiate a transition period
Market Outlook/Competition
Per February 2024 IBIS Report, Women's Clothing is an $82.7bn business and Accessories are $17.7bn. This store has both clothing and high-quality accessories. External Drivers that are all positive according to IBIS, February 2024, Consumer Spending, Total Retail Sales, Number of adults aged 20-64. This store caters from the ages of 40 ++.
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