Absentee Owned Women's Clothing Shop!

Grand Rapids, MI (Kent County)

Absentee Owned Women's Clothing Shop!

Asking Price:$200,000

Cash Flow:$58,000

Gross Revenue:$200,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:N/A

Absentee Owned Women's Clothing Shop!

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Business Description

SUBSTANTIAL PRICE REDUCTION!!!!! NOW $200,000.00. This is a well established consignment shop in an upscale area featuring women's clothing. Unique business as there is no inventory cost. Large list of consignors as part of the price. Consignment payout starts at 40% and reduces based on length of time it takes to sell. This would be an excellent mother/daughter business or a great start for your daughter(s) to enter the business world. Current gross income $200,000 per year with a NOI of $58,000 per year. This store has been in business for 8+ years. Presently absentee owned. Seller is motivated and will look at ALL reasonable offers.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
4
Reason for Selling:
Leaving Area

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Jerry Towner

Business Listed By:
Jerry Towner

The Towner Team

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