Retail Clothing Store For Sale

Business description

This retail clothing store was established in 1957, and has been under current ownership since 1986. This is and has always been family owned and operated – the current owners are second generation owners. Clothing and shoe sales, account for 60% of total revenues. Crafts, fabric, and notions make up 25%, dry cleaning and other miscellaneous services bring in 10%, and the remaining 5% comes from the sale of linens. This business is run in a “hands on” manner, and should remain that way. A license is required to operate this business, and the current owner agrees to stay through a reasonable transition period. If you want to learn more about this opportunity, please contact one of our representatives today!

Property information

Real Estate:

Lease

Location:

This leased, 3,000 square foot facility has great, high traffic downtown city street frontage. This structure is two-level and recently had a new roof put on. Built in 1917, the building is in good overall condition. This location has plenty of space for the merchandise, parking, and is prime for this business.

Other information

Expansion potential:

Growth and expansion can be obtained through attending more clothing and fabric markets, advertising, and special sales. The addition of a website would also prove profitable. Additional profit centers such as new clothing lines, shoes – moving forward, faster with new items – advertising in surrounding local communities would increase awareness as well as business.

Competition / Market:

There is a lot of competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement

Financing available:

There is no owner financing available.

Contact the seller