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Long Established Leather Store In Prime Location
Location: United States -> Texas -> Dallas County
Industry: Retail > Other Retail




Business Summary

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 Interior design needs to be updated to a more modern look as the facility currently looks a little outdated compared to other new clothing stores.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.
For more info, please call Stephen Lee at 1-866-519-2421.

Asking: $95,000
Furniture, Fixtures & Equipment: $11,000 (Included in listed price)
Inventory: $60,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Facilities: This business is located in a 2,384 SF space of a well-known mall that has consistent foot traffic...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $195,000
Cash Flow:   $60,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason For Selling:  Other Opportunities




Print Listing Id: 700342971
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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