Clothing Business Price Reduced For Sale

Business description

30 years of success based on serving the needs of the neighborhood. Upscale economical clothing everything from jeans, suits, shoes, shirts and all accessories. If they do not have it they know where to get it. The prices are right for the are. Between two new hospitals plenty of opportunity beyond the double store front right on Germantown Ave

Property information

Real Estate:

Lease

Lease terms:

probably a three year lease

Leasehold rent:

$neg per annum

Location:

Germantown avenue and Broad Street, near Shriners & Temple hospital

Premises details:

double store front, 2500 sq ft. Racked out for retail clothing.. owner will be leaseholder so he will negotiate lease that will work for seller

Size in square feet:

2,200

Business Operation

Expansion potential:

Coupon local neighborhood, possibility of on site sales and delivery to hospitals. Expand hours

Competition / Market:

Many storefronts, none with selection or loyalty

Reasons for selling:

Semi - Retirement

Trading hours:

mon - sat 11 - 8:00

Employees:

2

Years established:

1980

Other information

Support & training:

1 month as agreed

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

70k down will finance over 5 years at 7%

Furniture / Fixtures value:

$15,000 (included in the asking price)

Inventory / Stock value:

$17,000 (included in the asking price)