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Business for Sale Summary

Dance Wear - 18279

Business Type: owner financing available,absentee business,apparel and accessory store,sporting goods/ exercise/ gyms,misc. retail/non-classifiable,gym/health club,misc. service/non-classifiable
Owner Financing
Dance Wear
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Financial Information (non-confidential)

General Information
Asking Price $160,000 Down Payment $110,000
Gross Revenues $181,000 Lease Remaining Register Free to View
Owner’s Cash Flow $52,690 Number of FT Employees Register Free to View

Financing

$110,000 Down and $50k for 3 years at 6%

Business Description

Dance & gymnastic apparel store- not only for dancers. This store is proud to serve the cheerleading and gymnastics community, as well! They carry a wide selection of cheer and gymnastic apparel, sneakers, and customized accessories. This is a niche fun type store. Seller will help train. This store is located in Suffolk County, in close proximity to very large dance studio. This store has a lot of lines your average stores cannot get. This price includes $50,000 in Wholesale Inventory, plus fixtures Sales are up this year! Store can mostly be run by 1 person. Seller may hold small note for 3 years for right buyer. This store has low overhead and is presently run absentee. Hands-on buyer will earn a lot more cash flow. This store is clean, attractive, and inventory is up to date- must see! Lots of room to grow this absentee business. Owner/operator will earn $85k per year by cutting payroll 75 percent. Includes full camera security system. Great, safe location with good parking and double exposure. Call broker Jim Aloi for info.

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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.

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