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Renowned, Long-Established Clothing Store For Sale

New York, US
Asking Price:
$1,450,000
Sales Revenue:
$2,907,044
Cash Flow:
$580,196

NYC Metro Area

For five decades, this highly-renowned clothing store has been a staple in the local community. Two partners had a vision to provide customers with high-quality clothing brands along with personalized service, a vision they have achieved and upheld for many years.

The store offers the finest Designer brands, ensuring they are up to date on the latest trends in fashion. Their customer service, along with quality merchandise, that is custom tailored to the individual, has set them apart from competitors. Products are offered for both men and women, with a strength in product selection of Sportswear and high-end designer clothing.

Services offered include Personal Stylist/Wardrobe consultant services, Custom Tailoring/Alterations, and Made To Measure Clothing.

Located in an affluent area, the opportunity to purchase both the business AND the property that the business occupies is a can't miss opportunity. There is an additional tenant in the space, that will generate additional rental income as well.

Property Information

Real Estate:

Real Property Included

Premises Details:

Total building: 13,400 sq. ft. An additional tenant occupies 2800 sq. ft. Business utilizes an upstairs office, tailor shop and storage space of approx. 1200 sq. ft. 9400 sq. ft is occupied as the store floor.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Years established:
56 years

Other Information

Support & training:

Sellers are open to a smooth transition and are willing to help the new owner as needed, assuming fair and agreeable terms.