Category:
8650 - Clothing
Location:
Northern California - South Bay
Business Description:
This amazing retail franchise store opened in 2011 and has established a very loyal customer base. Forbes magazine has recently ranked it #1 Franchise in the $150K-$500K investment category. The business practically runs itself with minimal oversight. Focusing on the buying and selling of gently used, brand-name apparel and accessories, these stores fill a distinct niche in the retail marketplace. Current owner purchased the store in 2017 and is motivated to sell due to health issue. The sales have been stable even with the semi-absentee owner. A more energetic owner should be able to increase the sales with market campaign. $40K inventory is included. REF# 8650
Inventory (included):
$40,000
12 Months Ended
12/31/2018
$642,024
(Sales)
$40,485
(Adjusted Cash Flow)
9 Months Ended *
12/31/2017
$510,777
(Sales)
$40,181
(Adjusted Cash Flow)
12 Months Ended *
12/31/2016
$692,254
(Sales)
$105,473
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 0 | 16 |
| Owners | 0 | 1 |
Hours of Operation
Mon-Sat 10:30-8:00, Sun: 12:00-6:00
Licenses Required:
Monthly Rent Including NNN:
$6,095
Expires:
10/14/19
Option:
No
Size(sq.ft.):
2,552
Type of Organization:
S Corp
Reason for Sale:
health issue
Training:
2 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.