Listing Number: 52941-119399
Description
SBA PRE-APPROVED.
This bulletproof business was established in 1981 and is in a premier high traffic location in North Dallas with loyal repeat clientele.
The store has an established reputation for offering stylish, fashionable, affordable and custom fashion and accessories. This is an outstanding opportunity, especially for a hands-on operator with a passion for fashion. A turnkey operation, with very attractive margins and incredibly high inventory turnover rate! The formula to success established over 43 years produces high consistency in top-line sales and profit margins year over year. All based on sourcing well-priced quality apparel, targeted to their customer base. This is combined with high-level customer service and relationships. All of which will be seamlessly transitioned to a new owner by the seller.
This is an investment opportunity that rarely becomes available. What makes it even more attractive are the opportunities to further increase revenue. Loyal, repeat customers are a given, but new customers come in daily via foot traffic. A new tenant (Sephora) just opened next door and is bringing a whole new level of foot traffic and demographic to target with apparel and accessories. Additional revenue categories can be added such as gift and expanding product lines. Establishing an online store and leveraging more social marketing can also increase sales.
Business Highlights:
• Established loyal customer following continually growing with new customers.
• Client database of 3,000+ customers.
• Strong reputation for its high quality, fashionable products.
• Highly desirable location in North Dallas with minimal competition in the Metroplex.
• Strong supplier relationships and a beautifully designed space.
• Turnkey operation with proven processes.
• Opportunities to significantly increase future revenue and profitability.
• Create on-line store to increase reach and sales.
• Expand on existing social media platforms (i.e. Facebook and YouTube channel - some reels have over a thousandviews!).
• Seller willing to stay to train and ensure a smooth transition, as well as be available as a consultant after the sale.
Listing Details
- Price: $850,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $384,794
- Total Sales: $979,338
- Location: Dallas County, Texas
- Inventory: $49,000
- FF&E: $10,000
- Employees: 1
- Year Established: 1981
- Reason for Selling: Retirement
- Category: Retail Miscellaneous
