Retail - Apparel & Accessory Stores | Retail - General Merchandise Stores

Asking Price	$160,000	Inventory	$35,000*
Gross Income	$370,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2000
FF&E	$60,000*	Employees	6

* included in the asking price

** not included in the asking price

Plato's Closet Pittsburgh has been in operation for nine years. Currently trending with double digit sales increases from last year. Plato's Closet buys and sells gently used clothes for teens and twentysomethings. If there's a business that's recession proof this is it! New store franchise fee is $25,000 versus the $5,000 fee for purchasing this existing location. This store also operates under a 4% royalty versus the new store royalty of 5%. There's tremendous upside to this business! It's rare that a Plato's Closet resale opportunity comes up so this is definitely worth checking out!

Facilities: 3,300 square feet with a lease renewal coming up in August. LL will renew or renegotiate new lease. Currently at about $58,000 per year. Ample parking in both front and rear of location. Great visibility! Large pylon sign on the highway and front of building. Building is in good condition. Mechanicals are sound including HVAC.

Competition: No direct competition in the market. Good brand recognition with 3 other Plato's Closet locations in the area.

Growth/Expansion: This location is trending up 21% over last year sales. An owner/operator focusing on increased advertising and local store marketing will see an immediate impact to the bottom line.

Support/Training: Training required by franchisor upon transfer. On-going support includes marketing, advertising, merchandising, financial analysis, inventory management and more. Annual franchisee conferences provide additional opportunities for training and instruction. Franchisor may require an additional investment in working capital or inventory.

Reason Selling: Owner retiring