Apparel and More Netting $477K - 10% Down

Bucks County, PA
listing image
Asking Price:$1,500,000
Gross Revenue:$1,750,921
FF&E:$225,000
Cash Flow:$477,852
Inventory:$215,000
Established Year:1999
BUSINESS DESCRIPTION

This business has been pre-qualified for a loan with buyer only needing 10% down ($150,000). Buyer would take home after paying debt service $250,000. Buyer would earn their down deposit back within 7.5 months!

Two very well established stores selling unique merchandise that includes, but not limited to men’s and women’s apparel, gift items jewelry and many other categories. The business is celebrating 25 years in business and has an amazing reputation.

HIGHLIGHTS:

Exclusive rights on numerous products.
Resort town in Bucks county recession proof, customers visiting town will spend money while on vacation.
Two of the most desirable locations in town, largest square foot stores in the entire town.
Merchandise appeal, visual apparel.
Over $350 a square foot in sales, maximum sales per sq foot, opportunity to increase.
Great opportunity to grow business with an online store!!
No advertising done
Owners willing to stay on for a period of time for smooth transition
$215,000 of inventory included in the sale price
fully staffed, owner oversees daily operations


DETAILED INFORMATION
Location
Bucks County, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,500
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Lender pre-screened with $150K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Retiring.
Report an Issue with this listing
profile-img
Joe
Chiarello
logo-img
Joe Chiarello