One Of A Kind Shoe & Accessory Store -Inventory Included - Retiring

Wimberley, TX (Hays County)

One Of A Kind Shoe & Accessory Store -Inventory Included - Retiring
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Asking Price: $599,000

Cash Flow: $213,782

Gross Revenue: $837,347

EBITDA: N/A

FF&E: $30,000

Inventory: $195,000*

Rent: $3,900 /Month

Established: 2000

*not included in asking price.

One Of A Kind Shoe & Accessory Store -Inventory Included - Retiring

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Business Description

This is a one of a kind opportunity and very awesome business for anyone who is interested in fashion and comfort and has a desire to own their own successful shoe, clothing, and accessory store.

This business has been around for approx. 20 years and has experienced growth year after year without any advertising or website/online presence. There are many growth opportunities for the new owner.

This business won't last. Video tour, Confidential Information Memorandum, and Financials available after NDA, Buyer Qualification, and Disclosure is signed and returned.

Detailed Information

Location:
Wimberley, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
8/31/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Currently business is located in the heart of a populated shopping destination. The business leases approx. 2000 sq. feet of storefront and has a warehouse/storage area behind the building that is 500 square ft.
Competition:
No direct competition in Texas.
Support & Training:
Owner is committed to a successful transition and is willing to offer a training period of up to 90 days and ongoing phone support. However, it is unlikely, this much training is required.
Reason for Selling:
Retiring
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Alex Khabbaz

Business Listed By:
Alex Khabbaz

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Sponsoring Broker:
Mike Feinman, Managing Partner

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