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Listed by:

First Choice Business Brokers

Import And Distribution Of Clothing For Sale

New York City, New York, US
Asking Price:
$2,300,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,349,277 (USD)
Cash Flow:
$769,908 (USD)

An established and highly profitable import clothing business is for sale. An importer and distributor of clothes for more than 30 years, the business has been providing competitive prices and timely deliveries in the U.S. market, long enough to achieve growth annually, and to establish a strong relationship with its clients. With the demand increasing, the business is easy to maintain and market. The owner is selling due to retirement, but not before but not before giving you transitional support by training you with and sharing decades of knowledge and experience for a week. This is a great opportunity for those who are looking for an established business with a good source of income, a good attitude required in providing service and making money, good salesmanship, and a good eye for design. There is potential for a higher revenue with the business unaffected by the pandemic. For additional information please contact listing agent D.C. Dergham at 845-706-7890 or [email protected]

Property Information

Real Estate:

Lease

Location:

This is a leased location of 2,000 square feet with a Total Rent of $7,000. Lease ends 07/2023 with many lease options. Seller is active in the business with 4 FT employees, 1 PT employee and 1 Independent Contractor. Hours of operation are 8:30 AM to 5:30 PM, Monday - Friday. $5,000 in Inventory is not included in asking price and $30,000 in FF&E included in Asking Price.

Size in square feet:
2,000

Business Operation

Reasons for selling:

Plan to retire

Trading hours:

8:30 AM to 5:30 PM, Monday - Friday

Employees:
4 FT employees, 1 PT employee and 1 Independent Contractor
Years established:
1984

Other Information

Support & training:

1 week

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Inventory / Stock value:
$5,000 (USD)

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