Retail Dancewear & Accessories

Wayne County, MI
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Asking Price:$200,000
Gross Revenue:$368,193
Rent:$2,950/Month
Cash Flow:$81,126
Inventory:$120,000
Established Year:1978
BUSINESS DESCRIPTION

Our firm is delighted to present an exceptional opportunity to acquire a cherished and well-established costume shop, renowned for its extensive selection of high-end dancewear and accessories! This nearly 50-year-old neighborhood gem enjoys a loyal and long-term customer base, making it the preferred destination for dancers of all ages. Whether it's ballet, jazz, or hip hop, this retailer offers everything needed to custom-fit dance shoes and costumes for successful recitals.
Situated in a bustling shopping area, the shop enjoys prime visibility and strong brand recognition within the community. It is meticulously organized, setting the stage for continued success and growth. The business includes fully stocked equipment, furniture, and fixtures, all in excellent condition and part of the sale, alongside established relationships with top suppliers.
This is a fantastic opportunity for a new owner to take over a thriving business with a solid foundation. The potential for growth is substantial, with opportunities to expand with an online store, introduce new product lines, and offer event rentals to diversify revenue streams. With the seller retiring, this is a unique chance to own a profitable and enjoyable business. Year to Date sales January 2024 - November 2024 was $342,200
Contact us today for more details!


DETAILED INFORMATION
Location
Wayne County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
30/04/2025
Employees
3
Financing
SBA Financing with $50,000 down payment
Support & Training
Seller will train
Reason for Selling
Retirement
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Haroon
Bhatti
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Haroon Bhatti