MergerPlace

Clothing Store-Only 20% down

New Jersey (Morris)


  • Asking Price: $450,000
  • Gross Income: $1,005,521
  • Cash Flow: $179,796
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $180,000
  • Listing ID: #187867
  • Established: 2014
  • Employees: 1 FT/12 PT

Business Description

ONLY 20% DOWN ($90,000) AFTER PAYING DEBIT SERVICE FIRST YEAR YOU WILL MAKE $127,721! YOU WILL GET YOUR 20% DOWN BACK IN LESS THAN ONE YEAR!! Pre-qualified for bank financing! Sales have increased 12% last year and already up for 2020! The past 3 years this business has been growing...numbers don't lie. This is an amazing opportunity to own a highly reputable business in an excellent location. The store offers teen and twenty-something clothing, shoes and accessories. Inventory is purchased upfront and selected based on current styles, trends and condition always keeping fresh. The store is designed to look similar to mall retailers but offers customers pricing up to 70% less. This is your chance to take over a turn-key booming business!


Business Details

Primary Business Category: Retail Trade - Clothing
Location: New Jersey
County: Morris

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 1 FT/12 PT

Financial Information

Asking Price: $450,000
Gross Revenue: $1,005,521
Cash Flow: $179,796
FF&E: $180,000
Seller Financing Available: No

Property Information

Facilities:

Store is located in a busy strip center with customers in and out throughout the day.

Competition:

No direct competition in this targeted demographic.

Reason for selling:

Personal/family issue.

Support & Training:

Daily Operations. Training provided and required by Franchisor upon transfer. Ongoing support in advertising, merchandising, social media, financial and inventory management.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Joe Chiarello

Murphy Business Brokers