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Clothing Store - Two Locations

Massachusetts (Barnstable County)

Retail - Apparel & Accessory Stores | Retail - Miscellaneous Retail

$Seller Financing Available

Asking Price $300,000 Inventory $325,000** 
Gross Income $1,181,164 Real Estate  
Cash Flow $155,561 Year Established 1980
FF&E $80,000* Employees 6ft + 6 pt

* included in the asking price

** not included in the asking price

This business includes two retail clothing stores featuring woman's and some men's high quality high fashion merchandise located in the hearts of two destination shopping villages on Cape Cod. Customers include high net value home owners and second home owners as well as vacationers and tourists. Brands not available from others nearby are offered. Although now operated year round, most business is in the spring, summer and fall seasons. January and February, currently operating at reduced hours, could give an owner time for travel, leaving employees to very easily operate.

Facilities: Two attractive glass front stores in the hearts of two destination shopping villages on Cape Cod are leased by this business. Parking on site is provided for each. New leases to meet a buyers needs will be available at similar terms to current.

Competition: There is much competition in the sale of retail clothing. This business and some others have found their successful niche by providing top service and quality products at the right locations. Customers with discretionary income are not usually comfortable with the high volume discount merchandising techniques offered by some competitors. Many customers want the personalized service offered here, often more important than the product. Most merchandise offered is not available at discount or other local competitors. Destination shopping locations draw.

Growth/Expansion: Because many expenses will remain fixed holding costs, and similar revenue can be generated by additional locations, adding another town is suggested. One other has solicited this business to open there.

Seller Financing Available: Yes

Financing: The seller will provide partial financing to a qualified buyer

Support/Training: Sellers will remain in the area and will train buyer as needed.

Reason Selling: Retirement

Business For Sale By

Bradley Field

508-888-6454

Business World

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