Profitable Clothing Store For Men
Virginia
This high-end men’s clothing store has been established for over 100 years, building an outstanding reputation in the community. The company has been well-managed, with a dedicated and experienced staff.Its unparalleled service and unique product selection set it apart as one of the few stores of its kind in the area. The downtown location is well-known and easily accessible for customers, with a long-term lease available since the seller is the owner.The financial history is stable, with pristine records and consistent profitability over the years.

Listing Number:

23698

Category:

Retail

Location:

Virginia
$496,165

Financial Information:

Gross Revenue:

$1,411,235

Listed Price:

$496,165

Down Payment:

$0

Total Income:

$176,616

Year Established:

1910

Lease Information:

Square Feet:

5523

Total Rent:

$5,200

Lease Expiration:

11/2025

Lease Options:

Yes

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$45,877

Inventory:

$180,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

4

Part-Time Employees:

5

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

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.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
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Profitable Clothing Store For Men
Virginia

Listing Number:

23698

Category:

Retail

Location:

Virginia

Listed Price:

$496,165
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
This high-end men’s clothing store has been established for over 100 years, building an outstanding reputation in the community. The company has been well-managed, with a dedicated and experienced staff.Its unparalleled service and unique product selection set it apart as one of the few stores of its kind in the area. The downtown location is well-known and easily accessible for customers, with a long-term lease available since the seller is the owner.The financial history is stable, with pristine records and consistent profitability over the years.

Financial Information

Gross Revenue:

$1,411,235

Listed Price:

$496,165

Down Payment:

$0

Total Income:

$176,616

Year Established:

1910

Lease Information

Square Feet:

5523

Total Rent:

$5,200

Lease Expiration:

11/2025

Lease Options:

Yes

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$45,877

Inventory:

$180,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

4

Part-Time Employees:

5

Special License Required:

N/A

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

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.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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