North Carolina - New Bern LISTING #: 17482
Founded in 2011, this highly profitable clothing retailer has continued to produce strong cash flows since inception and their extremely loyal customer following has resulted in a 60% repeat customer rate.
With a 6 year proven track record of reliable financial performance and 49% gross profit margins, this business has consistently produced an average of $300k in annual revenues and continues to thrive in 2017 with consecutive YOY net profit growth.
This highly scalable operation would be a perfect fit for anyone with general business experience and their attractive business model allows for a seamless transition even by someone who is not familiar with the fashion industry. With a strong foundation of recurring revenues, this high quality acquisition opportunity offers a tremendous upside for overall ROI and is well positioned for continued growth.
Office: LBB North Carolina
Property Leased: Yes
FF&E Included: $11,000
Real Estate Included: No
Building Size: 1100 sq ft
Hours of Operation: Monday - Sunday
Reason for Selling: Relocating out of state