MergerPlace

Long Est Leather Store in Prime Location

West Dallas, Texas (Dallas)


  • Asking Price: $95,000
  • Gross Income: $195,000
  • Cash Flow: $60,000
  • Real Estate: Not Disclosed
  • Inventory: $60,000
  • FF&E: $11,000
  • Listing ID: #216058
  • Established: 2000
  • Employees: 2PT

Business Description

Office ID: #000744

Prime mall location leather clothing store placed in high foot traffic area is available for acquisition. This business was originally established nearly two decades ago in 2000 by the current owner of the business. Most of the customers are middle-class men with a small mix of women that live in the surrounding densely populated residential neighborhoods as well as some tourists that is visiting the DFW metroplex. Net sales average was $215,000/year that has been steady due to some marketing done online through discounts and clearance sales promoted monthly. Although not much marketing is done for this business other than online discount promotion and word of mouth, other proactive marketing methods is available to maximize income potential as well as increasing the customer base by bringing in individuals from untapped areas. Competition is expected for any retail business within the clothing industry, but this business has the best price point for the quality of their products and has operated in the same location for nearly two decades with consistent income. There are many ways to proactively market this business such as direct mailing, coupons, social media outlets, business website, online store and updated interior design. Interior design needs to be updated to a more modern look as the facility currently looks a little outdated compared to other new clothing stores. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Texas
Metropolitan Area: West Dallas
County: Dallas

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2PT

Financial Information

Asking Price: $95,000
Gross Revenue: $195,000
Cash Flow: $60,000
FF&E: $11,000
Inventory: $60,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a 2,384 SF space of a well-known mall that has consistent foot traffic and visitors from the surrounding retail businesses.

Growth & expansion opportunities:

There is no marketing in place except for promotional discounts and sales.

Competition:

Few competitors are within the immediate market area, but this business provides the best price for the quality of leather clothing compared to the cheaper products that the competition currently carries.

Reason for selling:

Other Opportunities

Support & Training:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com