Chicago - Forest Park LISTING #: 17444
This long established clothing retail store has a proven 23 year track record of strong cash flows with millions of dollars in revenues since inception and continues to thrive in 2016 with 65% gross profit margins. Founded in 1993, this business has sold to over 10,000 customers and specializes in selling upscale clothing for men and women including dress suits, fur coats, dresses, hats and more.
This turnkey business would be a perfect fit for anyone with general business experience and their attractive business model allows for a seamless transition as the seller is including approximately $20k in FF&E with the sale. With an extremely loyal customer following, this business has established a highly valuable base of repeat customers that continues to grow larger with time and there are numerous immediate growth opportunities that can easily be implemented with minimal upfront costs.
With a proven 23 year track record of consistent cash flows and millions of dollars in net profits since inception, this high quality acquisition opportunity offers a very clear path to a substantial upside for return on investment and is well positioned for continued growth moving forward.
|1 FT 3 PT|
Office: LBB Chicago
Property Leased: Yes
Monthly Rent: $6,700
FF&E Included: $20,000
Real Estate Included: No
Building Size: 3800 sq ft
Hours of Operation: Monday - Saturday
Reason for Selling: Seller is ready to retire