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Urban Style Men Clothing Store For Sale

Tarrant County, Texas
Asking Price:
$125,000 (USD) Furniture / Fixtures included
Sales Revenue:
$490,000 (USD)
Cash Flow:
$100,000 (USD)

Prime location high-end urban men and women's clothing store with up-to-date clothing trends is available for acquisition. This business was originally established recently by the current owner of the business 2017. Most of the customers are middle-class African American individuals that live in the surrounding densely populated residential neighborhoods and individuals that travel to the local area by the major highway that is one street away from this business. Net sales average was $485,000/year that has been growing since the inception of the business through social media and word of mouth. Although some marketing is in place online and by word of mouth, other proactive marketing tactics can be fully utilized to maximize income potential and accumulate more customers that have yet to know of this business. Competition can be expected for any business within the clothing industry, but this business has separated itself from the general competition by having a better price point that is more affordable for the general population within the area. There are many ways to proactively market this business such as direct mailing, promotional clearance, flyers, online website, seasonal sales and expanding the clothing line brands. Having seasonal sales in place will allow this business to recoup some sales after each season with certain styles going out-of-season and will attract customers from all income levels. 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.

Property information

Real Estate:

Lease

Leasehold Rent:

$40,800 (USD) per annum

Location:

This business is located in a 2,345 SF retail strip center that is placed next to a major highway that brings consistent traffic and densely populated neighborhoods that house many residents.

Size in square feet:
2,345 SF

Business Operation

Expansion Potential:

Some marketing is in place through social media outlets, but other proactive marketing methods must be used to generate more cash flow.

Competition / Market:

Few competitors is within the immediate market area, but this business has an affordable price point that is much more eye catching than the competition.

Reasons for selling:

Moving out of state

Employees:
1FT
Years established:
2017

Other Information

Support & training:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Inventory / Stock value:
$125,000 (USD)

Contact Information

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