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Listed by:

Transworld Business Advisors Richmond

International Clothing And Gift Shop Online Store For Sale

Virginia, US
Asking Price:
$995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,200,000
Cash Flow:
$212,000

928255 International Clothing & Gift Shop w/Online Store

This amazing retailer was started in 1992, in a 100 sqft retail shop in Northern Virginia. For over 30-years it has been successfully operated by the same owner and has grown to occupy a popular 4,000 sqft retail outlet in an eclectic small town on a busy main thorofare.

For years, the Seller has traveled the world to establish relationships with designers and artisans to supply unique products of the highest quality reflecting the culture of their region. Thousands of international clothing, jewelry, gifts, and children items, many of them hand crafted, are offered from over 80 countries including Australia, Egypt, Australia, Asia, and Europe.

The store enjoys a 4.5 stare rating on Google and has just recently developed a new on-line store through Shopify and updated their point of sale technology with wireless checkout tablets, and automatic inventory adjustment. The sale includes a list of over 8,000 high income, and very discerning customers, who appreciate the ethically produced designer fashions that are refreshed each season and only available in the US at this store.

There are several part time employees, many of whom have been with the business for years and have been given excellent training. The Seller is planning to retire but is willing to stay on as a buyer or advisor for a few more years if required.

Don't miss this opportunity to expand on this solid foundation. This business model, brand, products, and the store design has been meticulously positioned to roll out to other locations and on-line.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $2,700.00

Square Units (Foot, Meter): 4,000

Location:

Facilities: Retail Shop on main street of town

Business Operation

Expansion Potential:

This business model, brand, products, and the store design has been meticulously positioned to roll out to other locations and on-line.

Competition / Market:

This retailer has carefully crafted a unique brand, with high quality international merchandise. There are no competitors offering similar merchandise in the town or region.

Reasons for selling:

Retiring

Trading hours:

Tuesday through Saturday 11 am to 5 pm

Employees:
9
Years established:
1992

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$250,000 - included in the asking price