Retirement sale of Sams Best Buys retail, clothing and outdoor gear.

Oklahoma City, OK (Oklahoma County)

Retirement sale of Sams Best Buys retail, clothing and outdoor gear.
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Asking Price: $670,000

Cash Flow: $133,361

Gross Revenue: $840,143

EBITDA: $42,543

FF&E: $26,000

Inventory: $493,497

Real Estate: $350,000

Established: 1945

Retirement sale of Sams Best Buys retail, clothing and outdoor gear.

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Business Description

Retirement of Sam's Best Buys Inc.

This store is open and busy and will stay open, winter goods for fall 2019 have been bought. Why should you buy this business? For one it's unique. You don’t stay in business for 74 years
unless your business is special. The big box stores and the internet don’t offer personal service, just self service. This business offers a huge selection of casual and working men’s clothes in king sizes that box stores don’t offer and our employees help fit customers in our clothing and treat them like neighbors also it carries a large selection of outdoor and military gear. This business makes a very good living and has acquired a huge and loyal customer base; it offers clothing from your nose to your toes, for all seasons and all reasons up to men size 10 XL. This business has a niche and is old school; customers love the experience of trying clothing on, being treated like a neighbor with prices hard to beat. For these reasons and so much more this business is a sound investment.
The owner will continue to work and train if desired. The owner craves to make this business the best it can be. New ownership will be a "Once-in-a-lifetime-opportunity"
Everyday dozens of customers ask us not to close;
$10,000.00 dollars finders fee to anyone that finds the actual new owner.

What makes this business a better investment than other traditional retail stores? This business is so unique due to our inventory and king sizes for working men and casual dress, that box stores and the internet can't match what we have to offer. Example, several customers want to go overseas to cold countries and it is summer time in Oklahoma and another wants to go to Africa and they need this clothing right now, so they can catch a plane, also several of these customers take six X men clothing. With our reputation of having clothing from your nose to your toes for all seasons and reasons, big companies and travelers shop with us, and usually we have what they need at bargain prices.

We have gained a reputation for having goods that usually beat internet prices including fire retardant clothing and unlike big box stores and the internet our professionally trained employees take the stress from the customer and fit them in our work wear. So, 74 successful years, quality name brand products, personal service and prices that are hard to beat.
This makes this business a solid investment for years to come, customers love old school, attention, deals, trying on clothing, taking it home now and if you have a problem take it back to where you bought it, knowing they will treat you right.

The above formula of running this business has bought us a good living for 74 years but it requires moxy and passion. Please help keep this wonderful business going, so many customers need what we offer, Please call Gene Goldstein to answer your questions. I am honest and sincere.

Detailed Information

Location:
Oklahoma City, OK
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
8,296
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lot size 18,900 sq. ft. size. The property & building free and clear of any liens & owned by owner. This business consist of three buildings that are interconnected with one huge clothing warehouse about twice the size of the main building and one small warehouse with camping and military gear. A new 60,000 dollar roof was installed last year, a new 71/2 ton air and heater in the main building was just installed last year, the outside back of the building was recovered with high grade siding. (Home Based)
Competition:
For 74 years this business has been successful because of our customer service and low prices. This business advertises on television, numerous news papers, Facebook, Google, word of mouth and business cards. Close by is the Historical Oklahoma city stockyards, This historical area brings a lot of visitors to this location and our business. Our regular customers are employees of the stockyards, cowboys, farmers, and ranchers. Over the years this business has sold to the federal government, state of Oklahoma, and many huge private industries.
Growth & Expansion:
Future owners who are experienced in e-commerce and social media will be able to expand this businesses retail potential. With the ability of customer emails we can maintain relationships, build old school friendships and inform the customers of sales. This will build our yearly sales. This business is famous for the best deals on quality family snow ski-wear. Imagine, several satellite stores that sells family snow ski-wear at well known universities, but not at high dollar prices, our low prices. If you dream of a good life, call Gene, the owner.
Support & Training:
As mentioned before the owner craves to make this business the best that it can be. He will work and train to the best of his ability using his experiences in dealing with this business. You can't judge a book by it's cover, this business for 74 years has stood the test of time, to be fair in judging the strength, profitability and future of this investment, call me.
Reason for Selling:
Retirement, owner will continue to work and teach if desired.
Home-Based:
This business is Home-Based
Business Website:
http://www.facebook.com/samsbestbuys/
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Business Listed By:
harvey goldstein

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