Fire Sale - Childrens' Clothing Store

Frisco, TX (Denton County)

Extensive Selection of Gift Items
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Asking Price: Get Financing: $100,000

Cash Flow: N/A

Gross Revenue: $165,000

EBITDA: N/A

FF&E: $51,000

Inventory: $97,000

Lease Rate: $25 /SF/Year

Established: 2004

Fire Sale - Childrens' Clothing Store

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Business Description

Inventory Included

This is a fire sale for the cost of current inventory. Deal must close FAST.

The women & children's boutique is in the fastest growing city in North Texas and has been around and established for 14 years. Currently baby through 14 year-old's are the size ranges, and we have many of the industries top brands. The most prominent being Under Armour kids. We also have a substantial collection of women's clothing in addition to "Mommy & Me" type outfits. The historical 2 year revenue has been declining so the store was closed for several months for remodeling and enough inventory to sustain a $300,000+ revenue base was brought in.

The store has recently undergone an extreme makeover in both the store appearance as well as the website and social media. The POS system is on the Shopify platform so it seamlessly integrates inventory both in store and online. It is already connected with sales channels to sell through our Facebook page (just under 5,000 followers) as well as Amazon and Pinterest. There is huge potential in the online space as a result of this and this was all recently converted in September so the potential is untapped for the most part. There are also a few apps within Shopify linked to allow pick-up in store, delivery calculation and postage printing, a rewards program and a cost of sales analyzer.

If you know social media marketing, this could be a gold-mine, we unfortunately have just started dabbling in it and now we have to sell.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
9/1/2021
Employees:
4 Part Time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2400 Square foot store front with a sales floor of approximately 1,800 square feet. Two restrooms and a back-stock room with two very large inventory management racks to facilitate storing items not on the sales floor. Aside from the inventory, there is also over $20,000 in fixtures on the floor. There is a camera system that is internet based which would be ideal for a remote owner to check in, as well as an alarm system through ADT that is also internet based. A licensed radio system through Pandora is also installed.
Competition:
Market outlooks is very generous. There is a distinct need in the area for the products we provide, and there is only 1 other legitimate non-big-box children's retail store within a 10 mile radius and they only cater to babies and toddlers. The online sales channel could be huge.
Growth & Expansion:
There is the possibility of franchising, and the online retailing potential is huge. We currently have a link into Amazon's marketplace so leveraging them for a sales and distribution channel could be a massive upside. With the proper social media expertise the sky is the limit. Location is right next to a highly popular restaurant and a nail salon.
Support & Training:
Seller can support and/or train for up to two weeks.
Reason for Selling:
Other
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Business Listed By:
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