MergerPlace

Profitable Apparel Retail

Florida (Collier)


  • Asking Price: $225,000
  • Gross Income: $309,214
  • Cash Flow: $94,818
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $35,000
  • Listing ID: #213804
  • Established: 2005
  • Employees: 2 FT / 2 PT

Business Description

Looking for a business in beautiful Naples? Leading franchise in decorated apparel, uniforms and promotional products. Successful operation established in 2005. Great database of clients with solid and repeat business. Great support by franchise headquarter through technology updates and constant training. The franchise recently re-branded, now offering more sources of revenues to the franchisee. The business is conveniently located. Great positioning in Google and excellent reviews. New lower rent in same plaza will generate 21k savings per year . Revenues in 2020 dropped because of Covid but owners benefit remained similar due to cut in expenses. Owner has invested in E-Commerce platform to be implemented shortly.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida
County: Collier

Company Information

Year Established: 2005
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT / 2 PT

Financial Information

Asking Price: $225,000
Gross Revenue: $309,214
Cash Flow: $94,818
FF&E: $35,000
Inventory: $500
Seller Financing Available: Yes

Property Information

Facilities:

Business located in an open strip mall. Space is 900 sq ft and rent is $1,750 including CAM. The lease expires in June 30, 2023. 2 x 3 year option to renew. $1,750 of security deposit.

Growth & expansion opportunities:

The franchise recently re-branded itself with the objective of offering additional products and services. With this rebranding they also incorporated several technology updates. This by itself should allow the company to grow. Great, open demographic territory for growth. Great upside in e-commerce.

Competition:

Some mom and pop businesses that compete. However being an established franchise and having been this business established in the area for so many years it gives it a competitive advantage. None of the other small businesses offer such a variety of products and services in a one stop.

Reason for selling:

New venture.

Support & Training:

Will train for 2 weeks @ no cost General management skills. The franchise will provide a comprehensive and continuous training. Products and services include: branded apparels, awards and incentive programs, e-commerce company stores, event marketing, promotional products, global sourcing, graphic and art design services.

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Business Listed By:

Andy Fischer

Murphy Business Brokers