Chicago Illinois Business for Sale
Men's Clothing Store |
| Chicago, Illinois |
| Premier Midwest Independent Men's Fashion Retailer -- with Real Estate Retailers of this caliber are rarely available for sale. This elegant men's fashion store has been in business more than 20 years and now draws a nationwide following of style-conscious gentlemen. Located on a main thoroughfare in one of Chicago's wealthiest suburbs, this retailer combines the panache of fashion with the grubby comfort of steady income and sterling silver real estate. The owners have studiously provided this store with the finest of European and American goods, and have spare no expense in making the quality of the presentation of their wares second to none. Most shops on Regent Street would look a little shabby and moth-eaten compared to this magnificent establishment. The switch by much of the hoi polloi to business casual was a matter of complete indifference to this business, since its clientele -- attorneys, physicians, and the business elite -- would never be seen in their offices in anything less than a high quality business suit. The magnificent building in which this clothier is located features residential rental space in addition to the first-class retail space for the business. The residential spaces are strictly top-notch, and never lacking for good tenants. Sales: $ 2,500,000.00 (projected) FF&E: $ 750,000 (Included in Purchase Price) Seller?s Discretionary Cash Flow: $ 330,000 Inventory: $ 500,000 Asking: $2,200,000 Disclaimer: The information above was furnished by the seller. Neither Sunbelt of Will and Kendall Counties nor its agents has verified the information and makes no representations as to its accuracy or reliability. For more information, call Dana Frazier at Sunbelt of Will and Kendall Counties at 815-806-8401. Email: dfrazier@sunbeltnetwork.com For a complete listing of our currently available business opportunities go to: http://www.sunbeltnetwork.com/component/sbsearch.html?view=results&submit=submit&officeId=CHI06IL001 |
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Financials |
| Price: $2,200,000 |
| Gross Income: $2,500,000 |
| Cash Flow: $300,000 |
| FFE: $750,000 |
| Inventory: $500,000 |
| Real Estate Value: $0 |
| Source Data: |
About the Business |
| Listing ID: #3021 |
| Year Established: 1980 |
| Financing: |
| Training: |
| Facilities: 3000 sq ft. |
| Competition: |
| Growth: |
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| Business Listed By |
| Name: Dana J. Frazier |
| Company: Sunbelt Business Brokers |
| Phone: 815-806-8401 |
|
| The information in this listing has been provided by the business seller
or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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