Profitable Forty-Year-Old Men's Clothing Store, Inventory Included!
Saint Louis, MO
| Asking Price: | $295,000 |
| Gross Revenue: | $331,954 |
| Rent: | $2,500/Month |
| Established Year: | 1983 |
| Cash Flow: | $79,411 |
| Inventory: | $175,000 |
| FF&E: | $24,213 |
Listing ID: 2311895Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable men's clothing store that has been in the same location for over 40 years! Price includes approximately $175,000 in inventory. Established clientele and well known to anyone living in the area. Great chance to grab this at a reduced price as owner must retire due to health reasons. For additional information please contact listing agent Bruce Thompson at 314-614-6930 or bruce@fcbb.com.
DETAILED INFORMATION
Location
Saint Louis, MO
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 2,000 square feet with a Total monthly rent of $2,500. Lease is month-to-month. Seller is active with 2 FT employees. Hours of operation are 9:30 AM - 6:00 PM Tues – Thurs & 9:30 AM - 6:30 PM Fri & Sat. $175,000 in inventory and $24,213 in FF&E included in the asking price. No special licensing required.
Financing
$200,000 down payment with balance paid over 5 years at 10%.
Support & Training
Four (4) weeks.
Reason for Selling
Retirement
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