Retail - Apparel & Accessory Stores | Retail - Miscellaneous Retail

Asking Price	$130,000	Inventory	$75,000*
Gross Income	$325,000	Real Estate
Cash Flow	$42,000	Year Established	2005
FF&E	$15,000*	Employees	1ft-1pt

* included in the asking price

** not included in the asking price

This retail store specializes in womens shoes, purses and accessories and has three stores opened in South Carolina and a single unit in Knoxville, TN. with plans to expand into North Carolina very soon. Because of the expansion the owners have elected to offer the Knoxville location as a licensed store to a motivated owner operator to carry on the reputation they have achieved in the year they have been in the Knoxville market. The business completed its first full year in March and relocated the store just down the street in April of 2008. This is a brand new building with new build out just waiting for a new owner. The business will be a license operation with the name and marketing along with approved suppliers and purchasing benefits. The License Agreement is unique in that it offers a three year term at 3% royalties that can be paid monthly or it can be paid up front at a fixed fee of 30k that covers the three years no matter what the sales. (The present sales for year one was 325k) so at 30k it could be a great discount as sales are projected to increase yearly.

Facilities: A brand new 1300 sq. ft. shop awaits the new owner. A three year lease with two three year options is in place and assumable to the new owner. New build out, 75k inventory, 15k+ in FF&E adds up to the asking price plus an owner operator cash flow of over 42k in year one makes this a great opportunity to be your own boss.

Competition: High income demographics make this a solid location for its targeted cliental.

Growth/Expansion: The individual store growth is unlimited plus there is the availability to license additional stores in Knoxville and/or East Tennessee

Financing: will consider

Support/Training: Train for two weeks and on going support as a licensee

Reason Selling: Growth of additional stores