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Classic Clothing Store Camden Maine
$250,000Cash Flow: $110,000
Classic Clothing Store Camden Maine

Camden, ME

In June 1976, Woody and Carole Emanuel began Admiral's Buttons, a small men's and women's classic clothing store, in the coastal Maine resort town of Camden. Today, 42 years later, Woody and Carole still own and operate the store at the same location where it started. In 1976, the clothing market was dominated by Leisure Suits, bell-bottom pants, and polyester long collared shirts. For those used to wearing classic clothing in natural fibers, one had to travel to Boston, 3 1/2 hours away, Woody and Carole included. Thus, began The Admiral's Buttons vision to meet the demand for fine classic clothing for men and women that continues to this day. Woody and Carole have decided it is time to retire and offer this business for sale. Camden, Maine is one of the nicest coastal communities in Maine to live and work. The business is a stone's throw away from the harbor. It has tremendous potential for the new owner to expand and carry on the Admiral's Button's long tradition.

Profitable Plato's Closet Franchise for sale! South Portland, ME
$200,000
Profitable Plato's Closet Franchise for sale! South Portland, ME

South Portland, ME

ABOUT THIS STORE: Since opening in 2014 Plato's Closet of South Portland has seen steady annual increases in gross sales and profit. Our store generated over $981,000 in top line sales in 2017 with a YOY sales increase of about 9%. System average sales for Plato’s Closet is approaching $1M at $963,000 with a gross margin of about 62%, so there’s plenty of upside potential with this location. ABOUT PLATO"S CLOSET: As a brand, Plato’s Closet was ranked the #1 Retail Franchise Investment in the $150,000 - $500,000 range by Forbes for the last two years and has been #1 in it's category in Entrepreneur's Franchise 500 on an annual bases. The system wide sales average across nearly 440 stores is just under $1M. The business and financial model for this brand is unparalleled. If there’s one constant with the teen to twenty-something demographic it’s change. While changing hair color, profile pics, musical tastes and other interests are common, nothing requires more attention than their ever changing fashion needs! The exciting part about this group is they spend money to stay on top of the latest trends – to the tune of about $50 Billion annually plus another $170 Billion that others spend on them! As the established leader in the teen resale-retail space, Plato’s Closet offers gently-used, brand-name apparel and accessories to both girls and guys at a fraction of the retail cost. With nearly 440 locations and more opening every month, Plato’s Closet is the fastest growing franchise in the teen retail space.


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