High-end Apparel & Lifestyle Retail Shop
Financial Information
- Asking Price: $350,000
- Gross Revenue: $793,000
- Cash Flow: $161,000
- Down Payment: 0
- FF&E (Included): N/A
- Inventory: $129,000
- Financing: Yes
Business Location
- Brooklyn
- New York
Do you have a passion for interior design and innovative fashion? Do you love discovering trendy, hard-to-find products and bringing emerging brands to consumers? Now is a fantastic opportunity to acquire a cutting-edge lifestyle shop that offers its customers a unique product selection of apparel, personal accessories, grooming products, furniture and home goods. Launched in 2010, this business has grown into a top urban lifestyle destination, operating out of a prime location in Brooklyn's historic Boerum Hill district. As an independent retailer with strong local brand presence, its focus on delivering quality and originality to its professional and style-conscious shoppers has help to drive its year-over-year revenue growth. Open daily and close to several train stops in Brooklyn, as well as minutes from Manhattan, the shop attracts shoppers from across the boroughs. With a large following of subscribers via both direct mail and social media, this business is a prime opportunity for exponential growth and expansion.
Support / Training Comments
Seller will provide four weeks of training at 20 hours per week.
Financing Comments
***The asking price of $350K assumes all cash at close. The Seller is also willing to finance part of the sale for a purchase price of $410K***
Reason For Sale
Family reasons- Home Based: No
- Year Established: 2010
- Franchise: No
- Year Acquired: 2010
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 1
- Part time Employees: 2
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 1300 sq ft
- Monthly Rent: N/A