Profitable Clothing Store For Men
Roanoke City County, VA
| Asking Price: | $496,165 |
| Gross Revenue: | $1,411,235 |
| Rent: | $5,200 |
| Established Year: | 1925 |
| Cash Flow: | $176,616 |
| Inventory: | $180,000 |
| FF&E: | $45,877 |
Listing ID: 2293929Listing provided by BizBuySell
BUSINESS DESCRIPTION
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.
DETAILED INFORMATION
Location
Roanoke City County, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,523
Lease Expiration
30/11/2025
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Great location that has been their for decades. Well maintained on well known road. Real Estate can also be available for sale.
Competition
Limited direct competition
Growth & Expansion
Use latest marketing and social media advertising, go after different demographics, add different product lines.
Financing
TBD
Support & Training
2 weeks
Reason for Selling
Retirement
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