$950,000

Clothing Franchise Netting 409K Only 10 Percent Down to Purchase

New Jersey/New Jersey
Financials
  • Price: $950,000
  • Gross Income: $0
  • Cash Flow: $0
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #16558
  • Year Established: 0
  • Financing:
  • Training:
  • Facilities:
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

This business has been pre-approved for bank financing with only 10% down needed ($95,000). In the last 12 months this business has netted over $409,000. A new owner will net $299,000 first year after paying debt service, paying buyer back their deposit in 7 months. This is a nationally recognized leader in sustainable retail. They buy and sell gently used clothes, shoes, and accessories for teens and young adults. 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. This business is being sold for 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.

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.

Business Listed By

Murphy Business Sales Contact Russell Miller 220 Saint Paul Street, New Jersey, Westfield