Chain of Designer Footwear & Clothing Stores

New England

Chain of Designer Footwear & Clothing Stores

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$2,450,000

EBITDA:$189,000

FF&E:N/A

Inventory:$600,000*

Established:N/A

*not included in asking price.

Chain of Designer Footwear & Clothing Stores

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Business Description

The Company’s three renowned shops carry the latest women’s designer shoes, as well as a unique line of clothing, handbags, and accessories, in a warm and welcoming environment. In 2015, revenues were comprised of the sale of shoes (68%), clothing (23%), handbags and leather goods (5%), and other accessories (4%). Also in 2015, the Company launched its online store, which currently generates approximately $20,000 per month in sales.

Customers are retail patrons of women's shoes and accessories. The Company's retail stores serve the local populations, vacationers, and tourists (90% of 2015 sales, collectively), and the online store serves customers throughout the US and internationally (10%).

The three stores range in size from 900 to 2,000 square feet, and are currently staffed by 7 full-time management and administrative employees and 12 part-time retail floor salespersons.

Detailed Information

Inventory:
Not included in asking price
Support & Training:
As needed
Reason for Selling:
Retirement

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George Nova

Business Listed By:
George Nova

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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