Lingerie Boutique & Novelty - 16 Stores in Carolinas - All Profitable

Raleigh, NC (Wake County)

Seller Financing Available
Lingerie Boutique & Novelty - 16 Stores in Carolinas - All Profitable

Asking Price:N/A

Cash Flow:$1,500,000

Gross Revenue:$8,000,000

EBITDA:N/A

FF&E:$550,000

Inventory:$650,000*

Lease Rate/Sq. Ft.:N/A

Established:1998

*not included in asking price.

Lingerie Boutique & Novelty - 16 Stores in Carolinas - All Profitable

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Business Description

Neg! will sell all 16 or part (4 territories = 4 stores each)

*UPDATED* I have a for-sale-by-owner multi-unit (16 stores) franchise including area developer in the Carolinas for sale. 2016 revenue to exceeded $8MM. Cash flow ~$1.5MM including officer draws and add backs. All units are operating in black. Retail - upscale lingerie boutique and novelty franchise. Unique offering with many intangibles included (ie, only 2.5% royalty and 68% gross margins). Will sell part or whole (4 store packages offered).

Asking negotiable!

Seeking a clean transaction. This is a for-sale-by-owner. Contact me today if you're serious and I will screen you for introductions. Thank you.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
107
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
16 locations in the Carolinas.
Growth & Expansion:
New owner(s) will have Area Developer rights in 3 of the 4 territories owned which could realistically include expansion to 22-24 stores/locations.
Financing:
Possible OAC
Support & Training:
TBD
Reason for Selling:
Owners Ready for Next Project
Franchise:
This business is an established franchise

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Don Clayton

Business Listed By:
Don Clayton

360 Consulting Group, LLC

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