Liquidator of name brand Clothing, Shoes, & Home Goods For Sale!
Liquidator of name brand Clothing, Shoes, & Home Goods For Sale!
Price: $600,000
Listing ID: 1561052
Retail liquidator of overstock men, women, & children apparel, designer shoes, sneakers & handbags, home goods (i.e. bedding, kitchenware, furniture), toys, baby products, and other accessories for re-sale mainly from Macy's, Bloomingdale's, & JC Penney department stores. The merchandise sold may include a small stock of deeply discounted gently used goods consisting of floor samples and returned items.
Gross Revenue: $1,200,000
Cash flow: $236,000
EBITDA: NA
FFE Included: $50,000
Reason For Sale:
Other interests
Training & Support:
Two weeks provided by seller
Employees: 4
Monthly Rent: $3,333.34
Square Footage: 6,525
Facilities Information:
Retail store in commercial area offers below market rent Open only 8 months, this cash cow business has surpassed all expectations and is on trend to generate gross sales of $1.2 - $1.4MM for FYE 12/31/18.
Competition:
The store draws customers from the local Fayette and metro Atlanta area, as well as out of state as far as N.C. Florida, and Alabama! There are competitors in the direct area that re-sell and liquidate high end and designer merchandise. The closeout competitors are discount retailers such as Steinmart, TJMaxx, Ross.
Potential Growth:
Opportunity for growth includes expansion of product line (i.e. home goods, children, child safety, shoes and electronics). Opportunity to open additional store locations and or franchise operations