Recognized Formalwear Store With Over 30 Years In Business Can Be Sold with or without Real Estate.

FINANCIAL INFORMATION
  • Asking Price: $1,995,000 (includes Real Estate) $695,000 (without Real Estate)
  • EBITDA: $457,821.00
  • Gross Revenue: $1,848,084.00
  • Cash Flow: $493,021.00
  • FF & E:
  • Inventory: $300,000.00
  • Financing: No
BUSINESS LOCATION

North Metro Atlanta

DESCRIPTION

This well-established, specialty retail venue is a destination location, pulling Clients from the entire Southeastern US. In business for more than 30 years, this Company has built a stellar reputation by providing high-touch customer service for a wide range of clients. This Company is THE go-to fashion stop for the individual planning a once-in-a-lifetime event as well as movie set designers charged with outfitting entire movie sets.

The store features an extensive inventory of the latest fashions from top designers. In addition to its distinctive lines of clothing, the store also offers a wide selection of jewelry, shoes, gifts, and more.

INVESTMENT HIGHLIGHTS:

  • Strategic Location: The business is located on a heavily trafficked highway right off an important interstate
  • Established Reputation: The store takes pride in being recognized in town as the go-to destination for any formalwear needs for over 30 years
  • Experienced Crew: The store currently employs 5 full-time associates and up to 24 part-time associates at a given time
  • Quality of products and service: The business offers a wide variety of clothing by popular designers and ensures complete customer satisfaction

REASON FOR SALE

Retirement/Health

FACILITIES

Stand-alone 10,000sq.ft.+ building with easy access and plenty of parking. Huge retail showroom with multiple dressing rooms and viewing areas. Includes storage room, alteration work room, 3 cash register stations, and private office.

Details

  • Home Based: No
  • Franchise: No
  • Distressed: No
  • Relocatable: No
  • Year Established: 1999
  • Year Acquired: 1999
  • Willing To Train: Seller is willing to train new owner for a smooth transition.
  • Real State Available: Yes
  • Is Property Leased: Yes
  • Real Estate Included: Yes, for $1,995,000 price
  • Is Management Staying: Yes
  • Days Open: Daily
  • Hours Open: M-S 10-6, Sun- 12-6
  • Full Time Employees: 6
  • Part Time Employees: 20
  • Building Size: 13,200 Sq. Ft.
  • Listing Id: SA1646

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