Women's Formal Wear Store For Sale
www.GlobalBX.com
Listing ID:
700149098
Listing Title:
Women's Formal Wear Store For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=149098
Industry:
Retail
Industry Segment:
Clothing and Footwear Retail
Country:
Canada
State / Province:
Ontario
Area
City:
Toronto
Asking Price Range:
< $250K
Gross Revenues:
$700,000
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2009
Number of Employees:
6 - 9
Business Description:
New 2 year old retail establishment in upscale mid-town neighbourhood in Toronto. Excellent location near major shopping center. Current sales of women's formal wear and accessories is approximately $700,000. Only $60,000 down required with a total sale price of $150,000. Buyer will assume the 10 year amortization (a little over 8 years remaining) government sponsored business loan with a very minimum personal guarantee and low interest rate. Sale price includes over $200,000 in inventory and approximately $200,000 in leasehold improvement, fixture, equipment, and a sophisticated catalogue based non-ecommerce web site etc. The store has established accounts with top designers in the industry that is otherwise inaccessible to new stores. With the dedicated attention of an owner and operator, the store has tremendous opportunity for sales growth. Ideal for someone who loves women's fashion and wants to run their own store. Seller will provide training and support during the transition. Contact for more information on this formal wear store for sale.
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