Established Luxury Urban Clothing Store in Mall

Tampa, FL (Hillsborough County)

Seller Financing Available
Established Luxury Urban Clothing Store in Mall

Asking Price:$155,000

Cash Flow:$70,000

Gross Revenue:$180,000

EBITDA:N/A

FF&E:N/A

Inventory:$400,000*

Lease Rate/Sq. Ft.:N/A

Established:1996

*not included in asking price.

Established Luxury Urban Clothing Store in Mall

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Business Description

This long established clothing store has been well known in the area and successfully operating for 20 years. The Seller has been operating since the start up and now due to age is selling. This is a well maintained 6,001 SF high end urban wear clothing and accessories store. They have exclusive designers only their store carries in all of Tampa.

Seller's loss is a Buyer's gain. At one point their gross sales were $1.15 million. With the right marketing and full time owner operating hours, this business could easily thrive and increase to where it once was. This store is located in the University Mall that is currently being renovated to build more foot traffic.

Seller is willing to finance inventory and train. For more information, such as financials and location all inquiries MUST SIGN the attached NDA. Absolutely no exceptions. Please email or fax signed NDA to hyoung727@gmail.com or fax to (813)265-3103.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6
Facilities:
6,001 SF retail store in the long standing University Mall near USF. All FF&E is included in the purchase price.
Competition:
This store has been well known and operating high end urban wear for over the last 20 years and very well known over their competitors.
Growth & Expansion:
Currently University Mall is being renovated and upgraded, once renovations are done, there will be more foot traffic and an online store presence can easily increase sales. Also, Seller has full- time employees and is near an absentee owner, a new Buyer will be able to manage more hours of the store.
Financing:
Seller willing to finance inventory
Support & Training:
Seller willing to train for 2 weeks and leave senior employees if Buyer desires.
Reason for Selling:
Seller wants to retire due to age and health issues

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Richard Stone

Business Listed By:
Richard Stone

Premier Realty of Tampa

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