Dynamite Urban Fashion Store

Price: $64,500

Location: Columbus - Ohio, Franklin County

Industry: Retail Fashion

Listing ID: 80117

Amazing opportunity !!!

Due to personal reasons the owner is selling this business including its inventory for an Asking Price of ONLY $64,500.  This is a Cash price only, no owner financing.  The sale price is positioned for someone to swoop in on this great opportunity.

This Urban fashion store is well established and has been in business for over 28 years in the same location and has a fantastic customer base.

This store provides all the newest fashion that the urban millennials and non- millennials love.  Large selection of shoes, hats, shorts, shirts, coats and everything from belts to socks. Plus, the store has a large selection of sunglasses and jewelry. This store is packed full of merchandise.

The business is in a high traffic center and occupies approximately 7,500 sq. ft. plus a basement.  The rent is $7,658 per month with the lease expiring in December 2021.  A lease extension can be obtained from the landlord prior to the closing of the sale transaction.

Great Track Record;

Sales 2020  $589,093    (Closed for Six Weeks in 2020 Due to Covid)

Sales 2019  $593,928

Sales 2018  $696,389

Cash Flow 2020 (Not Determined Seller has not completed Tax Return yet)

Cash Flow 2019 $42,085

Cash Flow 2018 $77,347

This store has approximately $100,000 Plus in inventory at sellers cost that is included with the Asking Price of $64,500.

If you looking for a business where you make money on day one?  This established business has a proven track record where you make money the first day you own it.

Contact us if you would like more information about this outstanding opportunity.

It’s Priced To Sell Fast !!!

Listing Details

Total Sales: $593,928

Cash Flow: $42,085

Inventory: $100,000 (Included in Price)

Terms and Conditions?:

No seller financing offered.

Reason For Sale:

Due to personal reasons the owner is selling this business including its inventory for an Asking Price of ONLY $64,500.

Training & Support:

Seller to provide training and support to provide a smooth transition to a new owner.

Operation

Year Established: 1993

Year of Last Acquisition: 1993

Location

Lease Option: Lease extension can be obtained from landlord prior to sale.

Monthly Rent: 7658

Type of Location: High Traffic Strip Center

Square Footage: 7500

Facilities Information:

The business is in a high traffic center and occupies approximately 7,500 sq. ft. plus a basement. The rent is $7,658 per month with the lease expiring in December 2021. A lease extension can be obtained from the landlord prior to the closing of the sale transaction.

Summary

Historical Summary:

Sales 2020  $589,093    (Closed for Six Weeks in 2020 Due to Covid)

Sales 2019  $593,928

Sales 2018  $696,389

Cash Flow 2020 (Not Determined Seller has not completed Tax Return yet)

Cash Flow 2019 $42,085

Cash Flow 2018 $77,347

Competition:

None in immediate area.

Financing/Terms:

No Seller financing.

Afilliations