Profitable Clothing Business- Absentee Owned, great location

Chico, CA (Butte County)

Seller Financing Available
Profitable Clothing Business- Absentee Owned, great location
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Asking Price: Get Financing: $125,000

Cash Flow: $73,453

Gross Revenue: $430,450

EBITDA: $73,453

FF&E: $14,000

Inventory: $60,000

Lease Rate: $5,396 /Month

Established: 2013

Profitable Clothing Business- Absentee Owned, great location

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Business Description

Great location with huge potential- Owner Operator can see additional income!

New & used retail clothing store located in the heart of the town! Focusing on the trendy styles of today, this store offers it all. Large boutique area with brand new fashion favorites plus racks filled with adorable gently used top name brands and styles makes this store a town favorite! Strong repeat customers with new clientele building daily. Ideal location in Chico, CA. This store has management and an excellent sales staff in place.

Established customer base with nearly 20,000 Facebook followers and growing. Huge opportunity for a new owner to grow the business through online sales and increased local marketing. The current owner lives out of state and has not reached the potential this store has.

Highlights:
Turn Key- Manager and Staff in Place
Training- Onsite Training
Financing- Seller or Bank Financing Available
Stable- Business does even better in a down economy!
Owner operator can replace manager salary for additional income.

Please contact us for more information. Upon receipt of a NDA we will send you all the financial information on the business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,314
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sale includes all furnishings, inventory, computers, decor and security equipment
Competition:
Little to no competition. Business does better in a down economy!
Growth & Expansion:
Increase online and local marketing. Owner operator can replace the manager salary for additional income.
Financing:
Seller is flexible
Support & Training:
As long as needed
Reason for Selling:
Owner has a growing family and business that is out of state
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Matthew Cohen

Business Listed By:
Matthew Cohen

West Coast Business Brokers

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