Woman’s Specialty Clothing Store – Richmond, VA

Richmond, VA (Richmond City County)

Woman’s Specialty Clothing Store – Richmond, VA
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Asking Price: Get Financing: $695,000

Cash Flow: $280,000

Gross Revenue: $1,300,000

EBITDA: N/A

FF&E: $180,000

Inventory: $200,000*

Lease Rate: N/A /SF

Established: 2000

*not included in asking price.

Woman’s Specialty Clothing Store – Richmond, VA

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Business Description

Largely Absentee Owned! High Profits!

Light & Raphael is pleased to offer for sale a destination brand, woman’s specialty clothing store in a niche market. The store is very well established, located in a boutique shopping area of Richmond, VA and has a state-wide reputation and a loyal following. The owner is largely absent from the day-to-day business operations. Revenues and profits remain very constant from one year to the next and the owner has traditionally done very little formal advertising. The store enjoys excellent reviews and ratings on social media platforms. The store brand also has great potential for geographical expansion.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location will be available for lease for new owner.
Support & Training:
Seller will provide support and training following the sale.
Reason for Selling:
Owner wishes to pursue other business interests.
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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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