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Business for Sale Summary

Clothing and Cell Phone Retail Store - 27554

Business Type: general merchandise store,health/beauty/nutrition supply,wireless & mobile phone,best deals!,must sell/drastic price reduction!,new to market,electronics & technology
Clothing and Cell Phone Retail Store
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Financial Information (non-confidential)

General Information
Asking Price $65,000 Down Payment $65,000
Gross Revenues $150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $55,000 Number of FT Employees Register Free to View

Financing

$65,000 Down and None. Price DOES NOT include inventory of approx. $75K.

Business Description

Clothing and Cell Phone Retail Store. This is a 1,000 sq. ft. store with 9 years remaining on the lease. THE RENT IS ONLY $2,500/MTH. IT CAN BE USED FOR ANOTHER PURPOSE IF YOU SIMPLY WANT TO BUY THE LEASE. It is located in the heart of a densely populated area of Brooklyn with tons of foot traffic. They are a BOOST Mobile dealer and payment center. In the past year they had Gross Sales of approx: $150,000.00 with a Net Income of approx. $55,000.00. THIS IS A STEAL AS THE INVENTORY ALONE IS $75K. Call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.