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Well-established Clothing Store W/top Ratings & Reputation! In Southeast Ga For Sale

Southeast GA, Georgia, US
Asking Price:
$695,000 Furniture / Fixtures included
Sales Revenue:
$1,128,915
Cash Flow:
$175,425

In a regional hub of Southeast Georgia, this retailer sells a diverse selection of premium clothing for men and women, from casual wear such as t-shirts, polos, long-sleeves, and shorts to formalwear including button-downs, slacks, jackets, shoes, ties, and accessories.


The highly visible retail location is situated inside a popular shopping centre quinquennial renewed tenancy. With semi-absentee owner involvement, a skilled team of five nonunion employees are likely to remain post-sale to continue operations after a part-time transitioning period.


With a Year-to-Date Sales report the 2023 projections are in line with 2022’s Revenues of $1,128,915 alongside Discretionary Earnings of $175,425. Holding a strong presence in the community, organic growth is predicted over the next two years thanks to incoming plants and an estimated 10K increase in population.


Benefited by longtime client relations and decades of ongoing experience, potentials exist in taking business to the next level through streamlining and e-commerce as the targeted ages are 18-50 with a focused marketing program. Besides their active website and some engagement across social media, strategic advertising efforts and partnerships benefit the business with a strong network of verbal referrals from a large and repeating customer base.


With high-quality apparel products and limited competition in the area, there are many opportunities to take this retailer to the next level, call IAG today!

Property Information

Real Estate:

Lease

Premises Details:

Inventory of $250K can be purchased additionally.

Size in square feet:
N/A.

Business Operation

Competition / Market:

Business can operate absentee of Ownership!

Reasons for selling:

Health complications.

Trading hours:

Daily 10AM to 7PM.

Employees:
5 nonunion.
Years established:
1986

Other Information

Support & training:

Part-time transitioning period with streamlining and e-commerce potentials.

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

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$218,376 - included in the asking price
Inventory / Stock value:
$250,000