Sportswear Store for Sale in New York County, NY - 29905 Business Type: sporting goods/ exercise/ gyms,sports/archery,absentee business,apparel and accessory store

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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $315,000 | Down Payment | $315,000 |
Gross Revenues | $390,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $180,000 | Number of FT Employees | Register Free to View |
Financing
$315,000 Down and Please make your best all down offer!
Business Description
This Hip Sportswear Store not only nets its owner $180K
annually on $390K in sale, but its rent is ridiculously low at
$2,250/month for 2,000 square feet with an unused
basement with the same footprint. The lease runs for
another 9 years. In business for 5 years now, the seller
invested $170K in the store's build-out and it shows.
The Asking Price of $315K is just 1.75 times the $180K
the owner is pocketing. All of his numbers are verifiable.
Plenty of room for changing rooms, inventory storage,
and office space in the back. Inventory is Not Included
in the Asking Price. This space could be re-purposed for
another concept. Do be very discreet when visiting the
location, as the employees and customers do not know
the business is for sale. Kindly then contact listing broker,
should you have any questions and would
like to make an appointment to meet with the owner for
a full tour of the facilities. Please 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.
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