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Sportswear Store In New York County For Sale

New York County, New York, US
Asking Price:
$315,000
Sales Revenue:
$390,000
Cash Flow:
$180,000

This Hip Sportswear Store not only nets its owner $180K annually on $390K in sale, but its rent is ridiculously low at $2,250/month for 2,000 square feet with an unused basement with the same footprint. The lease runs for another 9 years. In business for 5 years now, the seller invested $170K in the store's build-out and it shows. The Asking Price of $315K is just 1.75 times the $180K the owner is pocketing. All of his numbers are verifiable. Plenty of room for changing rooms, inventory storage, and office space in the back. Inventory is Not Included in the Asking Price. This space could be re-purposed for another concept. Do be very discreet when visiting the location, as the employees and customers do not know the business is for sale. Kindly then contact listing broker, Jay Goldman, should you have any questions and would like to make an appointment to meet with the owner for a full tour of the facilities. Please call for further information.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-29905 for instant access to this business information.

Business Operation

Reasons for selling:

The seller needs to give another one of his businesses more of his attention.

Employees:
1FT/1PT
Years established:
2016

Other Information

Support & training:

Seller will train

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

315,000.00 Down & Please make your best all down offer!

Furniture / Fixtures value:
$125,000
Inventory / Stock value:
$110,000

Contact Vested Business Brokers HQ

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