Upscale Urban Wear And Lingerie Store For Sale Businesses For Sale in Colorado,United States at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Upscale Urban Wear And Lingerie Store For Sale

Location  Colorado,United States
Asking Price Range  < $250K
Gross Revenues  $95704
Net Profit / Cash Flow  $26037
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  1 - 3
Inventory  23000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Negotiable as required by purchaser.
Reason for Sale  Retirement
Description  Edgy boutique Central Colorado Springs location. Women's/men's clothing shoes and accessories. Established, same location for past 15 years. Motivated owners retiring. This is a fantastic opportunity for someone that enjoys working with people and retailing the latest trend in upscale urban clothing and accessories. The store was recently re-designed to be run by one person as a combined men's & woman's store. An improved internet presence could also greatly increase sales. Women's fashions include sales of lingerie. There is ample storage and office space in the back of the store and there has been many capital improvements done to the interior and exterior in the past few years. In 2011, rent was re-negotiated and reduced by 50%. *The store was reduced to « size for a short time to test profitability, then remodeled back to original size with improved layout. Now sales are back on track to exceed 100K in 2012. Asking Price is $69,000 OBO and includes $23,000 in inventory and $15,500 in FF&E. Call Mark Gilliland at 719-635-8133
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