Take advantage of this great opportunity to own a turn key retail store and turn your love of sneakers, street apparel, and all things retail into your new occupation. Seller states that this comes with everything needed to run a successful business including the point of sale system, all the fixtures, furniture, website. Purchase price also includes approximately $60,000 in inventory that can be sold at an approximated 40% mark-up.
The store was initially opened in late 2021 and has seen year-over-year growth. From 2022 to 2023, sales increased by over 40%. Currently, there are three part-time employees. The new owner could replace 2 employees and work in the business, or keep all the employees and run on a more passive basis. The new owner will benefit from a beautiful store with a build-out that cost around $95,000 and a low monthly rent at only $600 per month. Reach out today to learn more about this great opportunity!
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Take advantage of this great opportunity to own a turn key retail store and turn your love of sneakers, street apparel, and all things retail into your new occupation. Seller states that this comes with everything needed to run a successful business including the point of sale system, all the fixtures, furniture, website. Purchase price also includes approximately $60,000 in inventory that can be sold at an approximated 40% mark-up.
The store was initially opened in late 2021 and has seen year-over-year growth. From 2022 to 2023, sales increased by over 40%. Currently, there are three part-time employees. The new owner could replace 2 employees and work in the business, or keep all the employees and run on a more passive basis. The new owner will benefit from a beautiful store with a build-out that cost around $95,000 and a low monthly rent at only $600 per month. Reach out today to learn more about this great opportunity!
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The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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