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Clothing Franchise Netting $264k-Only 10% Down to Purchase

  • Listing# : 16553
  • Listed Price : $680,000
  • Total Sales : $1,331,190
  • SIC : 5932
  • Down Payment : $68,000
  • Status : Active
  • Discretionary Earnings : $264,935

Business Type :

Retail Miscellaneous / Used Clothing

Business Description :

This business has been pre-approved for bank financing with only 10% down needed ($68,000). In the last 12 months this business has netted over $264,000. New owner will net $183,000 first year after paying debt service, paying buyer back their deposit in 4.5 months.

Sales are up for 2021 and will beat previous years numbers!

This is a nationally recognized leader in sustainable retail. They buy and sell gently used clothes, shoes, toys, and accessories for children of all ages. This is business is a well established store with a long track record of success. Store is located in a great area with a lot of traffic with high volumes. Long lease in place. Owners have set up a great internal system in processing cloths and keeping all clothing up to date. This business is being sold as a hands on owner that already has an entire staff to operate the business in place.

NOTE: $150,000 of inventory is INCLUDED in asking price.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $150,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $175,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $125,000
    • Incl : Yes
    • Total Assets $450,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Retail Miscellaneous