Clothing Store in Colmbia County NY

Chatham, NY (Columbia County)

Interior View of Store

Asking Price:$50,000

Cash Flow:$40,000

Gross Revenue:$150,000

EBITDA:N/A

FF&E:$5,000

Inventory:$125,000*

Established:1858

*not included in asking price.

Clothing Store in Colmbia County NY

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Business Description

This business was established back in 1858 and has been in continuous operation since then. The current owners have owned the business for 25 years and decided that it is time to retire. Here's a recent customer review: "If you're of a certain age, you'll remember the small town, family-run clothing stores that carried well-made, sturdy clothes for the whole family. This is that store. From extra warm Carhardtt work jackets and fleece lined woolen tweed Woolrich vests, to very fashionable fur and fake fur hunters hats, they carry wonderful and reasonably priced clothes that please working farmers and urban hipsters alike." There is approximately $125,000 to $150,000 (wholesale price) in clothing inventory in the store at any one time

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Detailed Information

Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment, shelving, etc. included in sale
Competition:
No other clothing business in the town
Financing:
No
Support & Training:
Owner will train before business transfer and will assist after closing of business sale.
Reason for Selling:
Retiring

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John Wallace

Business Listed By:
John Wallace

The Gray Rider Real Estate Company, LLC

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