Landmark Vintage Clothing And Accessories

www.GlobalBX.com

Listing ID: 700181897

Listing Title: Landmark Vintage Clothing And Accessories

Quick Link: http://www.globalbx.com/listing.asp?bId=181897

Industry: Retail

Industry Segment: Clothing and Footwear Retail

Country: United States

State / Province: New York

Area

City: New York County

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $938,730

Cash Flow: $381,026

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1976

Number of Employees: 6 - 9

Business Description:
The owners of this NYC LANDMARK 12,000-square-foot AUTHENTIC VINTAGE CLOTHING AND ACCESSORIES RETAILER are ready to ride off into the sunset of their retirement, but not before they show you the ropes. You can purchase the store's 25% BELOW MARKET RATE 9 YEAR LEASE with a 5 YEAR OPTION TO RENEW, its ONE-OF-A-KIND INVENTORY VALUED AT $10M PLUS, and the GOODWILL OF A NAME KNOWN AROUND THE WORLD for only $1.5M. While its diverse customer base includes tourists, designers, celebrities, models and film/theater/TV wardrobe departments, its bread and butter are people walking off this bustling street. You will be able to further capitalize on this TREASURE TROVE OF INVENTORY through click-and-mortar marketing and merchandising initiatives yet to be explored and exploited. Owners are willing to consider separate offers for the lease, inventory and/or goodwill of the name. PROOF OF FUNDS A MUST!



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