Leesburg, New Market & Winchester Retail/Online Business

Leesburg, VA (Loudoun County)

Leesburg, New Market & Winchester Retail/Online Business
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Asking Price: $790,000

Cash Flow: $256,604

Gross Revenue: $1,821,058

EBITDA: N/A

FF&E: $25,500

Inventory: $300,000

Established: 1936

Leesburg, New Market & Winchester Retail/Online Business

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Business Description

This is a rare opportunity to own a successful established business, loved by all, in a fast growing area! The owner enjoys a part time schedule and relies on experienced staff to provide excellent customer service and day to day operations. This is a very unique store, with an outstanding reputation, catering to a wide array of merchandise and brands recognizable all over the world.

While other’s are affected by online shopping, this business is still going strong and believes in the value of the brick and mortar shopping experience. They have also adjusted to this trend by maintaining a heavy online presence and website and ship all over the country. This company has earned the trust and respect of their customers over the years. Owner is willing to negotiate transition to ensure success of new owner.

Detailed Information

Inventory:
Included in asking price
Employees:
4 FT/8 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is located in New Market/Leesburg & Winchester areas. The business is known for it's ease of access for customers with plenty of parking available.
Competition:
There is competition, however none of the competing stores have the history. Competitors seem to come and go however the businesses and customer base has a great loyalty to the store. The store has also adjusted to the market's online trends. It is hard to match the employees, experience, culture and location that this business has achieved.
Growth & Expansion:
The retail clothing industry is one that does evolve and change. Keeping up with those trends always offers new ways to create income streams and get creative on growth opportunities.
Support & Training:
Will train for 4 weeks @ $0 cost.
Reason for Selling:
Owner has decided to pursue one last career change and challenge prior to retire
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Dick Halterman CPA

Business Listed By:
Richard (Dick) K. Halterman, 11

Murphy Business & Financial Corporation

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