Profitable Resale Clothing Business For Sale

Middlesex County, Massachusetts

Listing: 1227

Financial Information
Asking: $199,000
Gross: 489,000
Cash Flow: $125,400
Inventory: $40,000 (Included in sale price) 

stock photo                 

Summary Description
A highly profitable new and used clothing and accessories store is available for sale. This business provides high quality clothing at low prices, fulfilling an important need, especially in the current economic climate. Resale clothing stores have been growing in popularity and 2009 was their most profitable year yet! . The business is located on a highly trafficked road in Middlesex County. They have built up a loyal clientele of merchandise sellers over the years which frequent the store to sell their used clothing. This is a more ideal situation than consignment since sellers get monetary compensation for their goods immediately. This store has been popular among buyers for their high-quality clothing at low prices and exceptional customer service. The business model for this store makes it highly profitable for a single owner operator or a couple.  

General Information
Facilities: 1,350 square feet of showroom space plus 700 square feet of storage Lease: Rent is $3,100 per month plus NNN. The landlord will negotiate a new lease with the buyer.
Growth and Expansion: A new owner can definitely increase marketing to draw more clients to the store. The business has very little Internet presence and a new owner should use search engine marketing on Google and Yahoo to generate more business. They can also take advantage of the large client database with direct mailings and in-store promotional events. A savvy owner could also use popular social marketing sites, such as Facebook and Twitter to generate buzz for the store and alert current and potential clients about sales on popular items.
Support/Training: The owner will offer ample support and training for a smooth transition.
Reason Selling: Owner wants to retire

Seller Financing:  Seller will provide some financing to a qualified buyer if necessary.

Year Established: 1993
Employees: 7

Contact Information
Contact: Sarah Gudema
Phone: 617-562-5700

BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135

T: 617-562-5700, F: 617-562-5701

info@mabusinessbrokers.com