Listing Number: 60332-408025
Description
Attention Business Buyers! Profitable Women's Clothing Franchise Opportunity Available
Are you in search of a lucrative business investment with a proven track record? Look no further! We present to you a highly successful women's clothing franchise, boasting an impressive average annual sales figure of 1.3 million across five prominent locations.
Key Features:
Established Brand: The owner brought this franchise in Michigan in 2019, with a dedicated customer base and strong brand loyalty, it offers a solid foundation for continued success.
Multi-Channel Presence: Leveraging both online and brick-and-mortar retail strategies, the business enjoys widespread accessibility and visibility. This omnichannel approach ensures a diverse customer reach and steady revenue streams.
Favorable Leases and Margins: Benefit from attractive lease agreements and high-profit margins on merchandise, maximizing profitability and minimizing operational costs.
Owner Involvement: The current owner actively manages the business, dedicating 35 hours per week to ensure smooth operations and strategic growth.
Skilled Workforce: Supported by a competent team of seven full-time and three part-time employees, the business maintains exceptional standards of customer service and operational efficiency.
Diverse Product Range: In addition to women's clothing, the store offers a range of complementary products including perfumes and eyewear, catering to a wide spectrum of customer preferences.
Potential for Future Growth:
Innovative Loyalty Programs: Explore the implementation of point systems and membership rewards to incentivize repeat purchases and foster customer loyalty.
Expansion Opportunities: Consider opening new locations in promising markets, such as Cleveland, to capitalize on untapped customer segments and broaden market presence.
Diversification of Product Offerings: Expand the product line to include trending items such as oil-based perfumes and proprietary fashion accessories, catering to evolving consumer demands and preferences.
Don't miss out on this exceptional opportunity to acquire a thriving business with limitless growth potential. Contact us today to learn more and take the first step towards securing your financial future!
Listing Details
- Price: $520,000
- Down Payment: $520,000
- Sellers Discretionary Earnings: $244,777
- Total Sales: $1,313,000
- Location: Wayne County, Michigan
- Inventory: $125,000
- FF&E: $106,000
- Employees:
- Year Established: 2019
- Reason for Selling: Other Interests
- Category: Clothing
Contact Agent:
- Vikas Kukreja
- Phone: (734) 496-3564
- Email: vkukreja@tworld.com