Listing Number: 24876-559261
Description
Extremely successful Women’s fashion retailer for sale with prestigious locations, in highly trafficked upscale retail centers in South Louisiana. The stores specialize in women’s clothing, footwear and accessories for all seasonal events at affordable price points and excellent margins.
This business has been operating for over 20 years and continues to grow in a surging niched industry, and is well positioned in a town that is rapidly expanding. Definitely a gem for anyone who wants to own their own fashionable clothing stores!
They have a loyal and established clientele, smooth operations, and excellent, proficient employees with MANAGEMENT n place. Exclusive product lines, deep vendor relationships, and desirable leases.
Until the fall of 2019 this retail business was operating primarily as brick and mortar. Since then they added the ecommerce side of the business which will only grow revenues.
This is truly a turnkey operation that can be duplicated (AND/OR Franchised) in other parts of the country if the new owner so chooses.
SBA Preapproved with 10% down; subject to Buyer's Creditworthiness.
Seller Financing Available up to 10% of Purchase Price; subject to Buyer's Creditworthiness.
Listing Details
- Price: $ 2,850,000
- Down Payment: $2,565,000
- Sellers Discretionary Earnings: $ 836,549
- Total Sales: $ 3,814,723
- Location: East Baton Rouge Parish, Louisiana
- Inventory: $ 350,000
- FF&E: $ 220,000
- Employees: 24
- Year Established: 2002
- Reason for Selling: Travel and Spend More Time with Children
- Category: Retail Miscellaneous
