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Franchise Clothing Store In The New Orleans Area For Sale

Louisiana, US
Asking Price:
$649,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,155,349
Cash Flow:
$200,000

Duran Advisors presents this well-known franchise clothing store in the New Orleans metro area. The store has frontage on a major four-lane road in the heart of a prime shopping district. The space is efficiently laid out and presents well to its clientele. The owner is selling the business because they wish to retire.

The franchise has mapped out all the details necessary to run the daily operations. The store is truly turn-key. The franchise will train a new owner to run the business and it must approve all buyers. This company is the market leader in its respective niche. Its unique business model actually performs better in a down economy. This company is perfectly positioned for the looming recession.

The business is an excellent candidate for SBA financing with a long history of high profitability. The owner may even finance a potion of the sale price for a well-qualified buyer. A Matterport 3-D Virtual Reality scan of the property and 30+ page Confidential Business Review are available to fully disclosed buyers.

Come and visit this impressive operation, meet the owner, and make an offer.

Contact Joel F. Duran, CM&AA, CEPA, CMSBB for more information.

Property Information

Real Estate:

Lease

Lease Terms:

$9,695.10 a month

Location:

The business is located in a prime shopping district on a major thoroughfare.

Premises Details:

The facility is well organized, neat, and clean.

Size in square feet:
~4,198

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday - Saturday 10:00 AM - 7:00 PM
Sunday 12:00 PM - 5:00 PM

Employees:
16
Years established:
10

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The franchise has a complete training program for new franchisees. Additionally, the owner will give up to a two-week training & transition period. After the two weeks, the owner will be available by telephone if needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The business is an excellent candidate for SBA financing. The owner will consider a small amount of owner financing for a well-qualified buyer.

Furniture / Fixtures value:
$190,000 - included in the asking price
Inventory / Stock value:
$120,000 - included in the asking price