| Asking Price |
$85,000 | Inventory |
$21,300* |
|---|---|---|---|
| Gross Income |
$83,065 | Real Estate |
|
| Cash Flow |
$34,049 | Year Established | 1990 |
| FF&E |
$12,245* | Employees | 1 pt |
* included in the asking price
** not included in the asking price
Retail women's clothing and accessories shop which also specializes in custom sewing and alterations. Shop has a following of long term, high end clientelle and has a great reputation. Has many business and casino accounts from here to Vegas for alterations of uniforms. This business has never lost money since it opened! From a Regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of its diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live. As a State, Nevada is also highly regarded. For example, Nevada was recently voted the best small business state in the country by the Washington-based Small Business Survival Committee. Secondly, The Small Business Survival Index 2007 ranked Nevada second best in the nation for small business and entrepreneurship. Thirdly, The Center for Women's Business Research ranked Nevada third in the nation for growth in Women-owned firms. From a Business perspective, Forbes Magazine ranks Reno 25th out of 150 cities for doing business. The Forbes/Milken Institute ranks Reno 26th out of 200 cities in their study "Best Performing Cities: Where America's Jobs Are Being Created".
Facilities: Leased facility with 670 sq. ft. at a rate of $1,062 per month. Lease is good through June 30th, 2010. Nice shopping plaza and plenty of parking.
Competition: This long term business has been around since 1990 and with its great reputation and loyal customer base, it has been able to survive even through changing product focus and lines. This business has never lost mony since the day it opened.
Growth/Expansion: More advertising of business as well as services offered could significantly increase proftis.
Financing: $45,000 down and $792.05 per month for 60 months.
Support/Training: 1 month
Reason Selling: Retirement

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