Iconic Clothing Store with Great Location

Lane County, OR

Seller Financing Available
Iconic Clothing Store with Great Location
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Asking Price: $368,000

Cash Flow: $136,202

Gross Revenue: $610,431

EBITDA: N/A

FF&E: $20,000

Inventory: $175,000

Rent: $4,052 /Month

Established: 1978

Iconic Clothing Store with Great Location

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Business Description

This popular women’s clothing store has been in business for 41 years and has a wide following. It has an attractive high-traffic location with sizable display windows and ample parking. It is part of a central neighborhood destination that includes other retail stores, restaurants and offices. The store features carefully selected women’s clothing, jewelry, accessories and gifts. It earns a comfortable family income, pays for several domestic buying trips each year as well as a few memorable international business trips over the years. The business has significant growth potential with developing their customer base through social media and online presence.

Detailed Information

Location:
Lane County, OR
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
9/30/2024
Employees:
5 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a popular neighborhood destination complex with other retail and a restaurant. Store has the corner space with four large display windows.
Competition:
This store is very well-established and has little competition.
Growth & Expansion:
Business currently does not have a website or social media accounts. If a new owner developed these it could increase sales.
Financing:
up to $100,000
Support & Training:
Owners will offer 80 hours of training plus training on one buying trip.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Susan Costa

Business Listed By:
Susan Costa

BTI Group Inc.

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Sponsoring Broker:
Michael Floorman

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