Well-Established Clothing Store with Top Ratings & Reputation! (17922)

Seller Financing Available

In a regional hub of Southeast Georgia, this retailer sells a diverse selection of premium clothing for men and women, from casual wear such as t-shirts, polos, long-sleeves, and shorts to formalwear including button-downs, slacks, jackets, shoes, ties, and accessories. The highly visible retail location is situated inside a popular shopping center quinquennial renewed tenancy. With semi-absentee owner involvement, a skilled team of five nonunion employees are likely to remain post-sale to continue operations after a part-time transitioning period. With a Year-to-Date Sales report the 2023 projections are in-line with 2022’s Revenues of $1,128,915 alongside Discretionary Earnings of $175,425. Holding a strong presence in the community, organic growth is predicted over the next two years thanks to incoming plants and an estimated 10K increase for population. Benefited by longtime client relations and decades of ongoing experience, potentials exist in taking business to the next level though streamlining and e-commerce as the targeted ages are 18-50 with a focused marketing program. Besides their active website and some engagement across social media, strategic advertising efforts and partnerships benefit the business with a strong network of verbal referrals from a large and repeating customer base. With high-quality apparel products and limited competition in the area, there are many opportunities to take this retailer to the next level, call IAG today!
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