Summary: 
8,000 square foot apparel shop in popular mall!
Business Type: 
apparel
Business Type: 
retail
Location: 
Nebraska
Price: 
$60,000
Sales Revenue: 
$120,000
Cash Flow: 
$29,000
Realestate Included: 
No
Inventory: 
$90,000
Employees: 
2
Internal Listing:: 
RET003
Reason for Sale: 
Family

Description
This 8,000 sq. ft. apparel shop in a popular mall, Westroads, specializes in young people’s casual and party wear. Lots of accessories, jewelry, hats and shoes round out the merchandise. A new Owner could add in their own merchandise to make the store their own!

Lease is less than $2,200 per month and was just renewed – a new Owner would receive the lock-in rate of this very low overhead store. Coming with $80,000 - $100,000 in sellable inventory as well as $35,000 in build-out and equipment, a Buyer is getting a deal with purchasing this only for $60,000!

The business has a name recognition as the business has been around since 2005. They have a following from mall-goers and have profited $29,000 last year with a 24% profit margin on Gross Sales of $120,000/year!

Financial Overview
List Price: $60,000

Gross Sales: $120,000

Owner Profit/Cash Flow: $29,000

Profit Margin: 24%

Multiple: 2.1 *Multiples range from 1-5, with the average being 3

Valuation: Cash Flow x Multiple = Price
$29,000 x 2.1 = $60,900

Assets Included in Purchase: $135,000
Build-Out & Equipment: $35,000
Inventory: $80,000 - $100,000

*amounts may vary

Business Information
Year Established: 2005
Location and Service Area: Omaha, Nebraska – inside of Westroads Mall
Lease: $2,200/month for 8,000 sq./ft.
Reason for Selling: Family
Employees: 2 Part-Time Sales Associates
Hours: 10 AM – 9 PM M-Sat 11 – 6 Sunday
Seller Training Period: Seller will train and transition for 1-3 months

Funding Example
Purchase Price: $60,000
Buyer Down Payment: $45,000
Seller Financing: $15,000

Buyer is receiving between $80,000 - $100,000 in sellable inventory!

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

Contact The Author of This Listing

Please include your contact info (Phone Number, Address, etc) and other important information.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
2 + 13 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
By submitting this form, you accept the Mollom privacy policy.