Urban Clothing Fashion Shop – Cash Flow $119,054

Price: $99,000

Location: Columbus - Ohio, Franklin County

Industry: Retail Fashion

Listing ID: 80116

Fantastic opportunity !!!

Due to personal reasons the owner is selling this business for an Asking Price of ONLY $99,000 Plus $100,000 for Inventory.  This is a Cash price only, no owner financing.

This Urban fashion store is well established and has been in business for over 30 years in the same location and has a fantastic customer base.

This store provides all the newest fashion that 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 5,400 sq. ft. The rent is $4,580 per month with the lease expiring in March 2022.  A lease extension can be obtained from the landlord prior to the closing of the sale transaction.

Great Track Record:

Sales 2020  $617,882    (Closed for Six Weeks in 2020 Due to Covid)

Sales 2019  $633,968

Sales 2018  $705,396

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

Cash Flow 2019 $119,054

Cash Flow 2018 $135,552

This store has approximately $100,000 Plus in inventory at sellers cost that will be in addition to the business $99,000.

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: $633,968

Cash Flow: $119,054

Inventory: $100,000

Terms and Conditions?:

This is a Cash price only, no owner financing.

Reason For Sale:

Due to personal reasons the owner is selling this business.

Training & Support:

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

Operation

Year Established: 1991

Year of Last Acquisition: 1991

Location

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

Monthly Rent: 4580

Type of Location: High Traffic Strip Center

Square Footage: 5400

Facilities Information:

This Urban fashion store is well established and has been in business for over 30 years in the same location and has a fantastic customer base.

The business is in a high traffic center and occupies approximately 5,400 sq. ft. The rent is $4,580 per month with the lease expiring in March 2022. A lease extension can be obtained from the landlord prior to the closing of the sale transaction.

Summary

Historical Summary:

Great Track Record:

Sales 2020  $617,882    (Closed for Six Weeks in 2020 Due to Covid)

Sales 2019  $633,968

Sales 2018  $705,396

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

Cash Flow 2019 $119,054

Cash Flow 2018 $135,552

Competition:

Limited competition in area.

Financing/Terms:

No Seller financing offered.

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