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Clothing Store - Upper NYC
Location: United States -> New York -> New York City Area -> New York City
Industry: Retail > Clothing and Footwear Retail



Business Summary

ASKING PRICE: $125,000

This clothing store sells women's, men's, and children's clothes all in one shop. The shop is on a heavy transited street within the vicinity of two subway stations and along many MTA bus routes. Very great opportunity!

Potential Growth: The store has no online presence and would benefit immensely from having a website and social media pages.

Gross Revenue: $ 350,000
Inventory: $ 20,000
Reason for Sale: Seller is retiring.
Training & Support: Will provide as necessary.

Days & Hours of Operation: 7 days
Non-owner Payroll: $ 8,000/month
Employees: 2 Full Time
Absentee Owner: No

Monthly Rent: $ 9,000
Square Footage: 1,500

Financials
Asking Price Range:  < $250K
Gross Revenues:   $350,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  Not Disclosed

About The Business
Year Established:  1990
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale
Management Training and Support:  Will provide as necessary.
Reason For Selling:  Seller is retiring.

Photos

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Clothing Store - Upper NYC Photo 1




Print Listing Id: 700237371
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