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Well Established Women's Fashion Store for sale in East Dallas, TX

East Dallas, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 359,000 $ 1,100,000 $ 190,000

Inventory Value:
$ 120,000 (included in the asking price)

Business Summary:
Prime mall location women's clothing store established for two decades with great sales is available for acquisition. This business was originally established in 1997 and was later acquired by the current owner of the business in 2007. It is expected for this industry to have some competition, but this business has very inexpensive clothing and accessories relative to quality compared to other clothing stores nearby. Most of the customers are many Hispanic women and a well of different demographics that come from the nearby nationwide retailers as well as the heavily populated neighborhoods nearby this mall. Net sales average is $1,100,000/year that has been steady over the last several years of operation without any proactive marketing done. Proactive marketing would be extremely beneficial for this business as the surrounding nationwide retailers and constant customer traffic within the mall brings many untapped customer on a daily basis. There are many forms of marketing that can be done such as flyers, weekly specials, social media outlets, build own website, and additional clothing brands. Building a business website will be very helpful showcasing the inventory of this business as well as attracting customers that don't know what merchandise this business carries. The business has a wide variety of products that range from trendy women's clothing, casual clothing, dresses, accessories, junior clothing, and jewelry. This business has consistently grown over the last several years of operation and can generate much more revenue with a potential Buyer actively marketing while being fully involved in the business operation.For more info, please call Kevin Chung at 1-866-519-2421.

 

   
Year Business was Established: 1997
   
Number of Employees: 6PT  
   
Facilities / Terms of Lease: This business is located in a 3,800 SF enclosed mall surrounded by numerous nationwide retailers and is conveniently accessible due to multiple major highways in the area.  
   
Potential Growth/Expansion: Proactive marketing is crucial to the further growth of this business as there is no marketing currently done.  
   
Competition: Few competitors are within the immediate market area, but the quality of the products of this business is at a more affordable price point than the competition.  
   
Owner willing to finance: 100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.  
   
Owner willing to train: The owner of the business will provide the necessary training as needed to smoothly transition into the business operation.  
   
Reason for selling: Retirement  
   
Seller Reference Number: 000452
BusinessMart.com Listing Number: 212106
 

 

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For more info contact:

V-AID Group

www.v-aidgroup.com
866-519-2421

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