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Highly Established And Profitable Accessory Store Two Prime Locations For Sale

Manhattan, New York, US
Asking Price:
$2,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,060,000
Cash Flow:
$1,120,000

HS Listing ID-73442

Highly Established & Profitable Accessory Store 2 Prime Midtown Manhattan Locations

Key points:
– Two businesses, two prime Midtown Manhattan (Fashion District) locations
– 30 years in business
– 50% down with seller financing
– $1,000,000 inventory included in the purchase price
– Asking price: $2,500,000
– Affordable fashion jewelry & accessories (bracelets, anklets, necklaces, earrings, hair pins), younger customer base
– 8-year lease, rent below nearby comparable storefronts
– Semi-absentee owner; staff of 9 stays on after the sale
– Online store exists but is not active, with strong upside on Amazon, TikTok, eBay and other platforms
– Reason for selling: owner retirement

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement.

Years established:
30