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Clothing Franchise Netting $409k-only 10% Down To Purchase For Sale

Gloucester County, New Jersey, US
Asking Price:
$950,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,748,917 (USD)
Cash Flow:
$409,852 (USD)

This business has been pre-approved for bank financing with only 10% down needed ($95,000). In the last 12 months this business has netted over $409,000. A new owner will net $299,000 first year after paying debt service, paying buyer back their deposit in 7 months.

This is a nationally recognized leader in sustainable retail. They buy and sell gently used clothes, shoes, and accessories for teens and young adults. This is business is a well established store with a long track record of success. Store is located in a great area with a lot of traffic with high volumes. This business is being sold for a hands on owner that already has an entire staff to operate the business in place.

NOTE: $150,000 of inventory is INCLUDED in asking price.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Store too far from home.

Trading hours:

Monday-Sunday 12pm-7pm

Employees:
1FT/20PT
Years established:
16 Years

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Will train for 1 week @ $0 cost.

Financing available:

Lender pre-screened with $95K down.

Furniture / Fixtures value:
$175,000 (USD) - included in the asking price
Inventory / Stock value:
$150,000 (USD) - included in the asking price

Contact Murphy Business & Financial

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