Business For Sale Listing 151396
Bronx NYC Trendy Clothing Store (120K Net)
Status as of Dec-4-2008 at 06:00 PM: Active
Business Summary
West Bronx Urban Wear Clothing Shop, huge 2500 square foot space with 13 foot ceilings as well as 2000 square foot basement storage. Store sells all trendy urban fashions, affordable and mostly non brand for their loyal customers. Store grosses $360,000 annually with $124,000 net. Inclusive in sale is 40,000 of current merchandise and 15,000 of furniture fixtures and equipment. Run by owner and three employees, employees reliable with shop for 5, 2 and 2 years respectively. Lease below market and 6 ½ years left, relationship with landlord very good. New lease can be inquired upon for qualified buyers. Owner leaving to relocate for religious and personal reasons. Business dominant in the neighborhood none its size or variety of goods, selling at a major discount and before major upswing for back to school sales, this opportunity will not last.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($360,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($120,000) |
| Profit Type: |
Earnings Before Interest & Taxes (EBIT) |
| Fiscal Year: |
2008 |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($125,000) |
