* Included in Asking Price
Upscale retail location with over 70,000 drivers passing by daily. Located near a neighborhood with $94,000 median income, this business markets an emerging concept to fashion forward women, selling premium athletic wear from top designers meant to be worn all day, not just at the studio. This business also boasts a premium website, social media presence, and excellent branding, with a recent $33,000 investment. A free fitness class is offered in store with a discount on in store products offered at completion of the class. This business is fully operational with 7 part time employees that are fully trained and experienced in a 2,000 square foot location with a triple net lease for $2,665 per month. There are growth opportunities to be found in product diversification and event marketing. This company’s product line includes some of these well-known designer’s trends: Kate Hudson, Julianne Huff, Betsy Johnson, and Steve Madden. Business Information Year Established: 2015 Location and Service Area: Southwest Omaha Demographics: Over 70,000 drivers pass by daily. $94,000 median income in nearby neighborhoods Lease: $2,665 month NNN, 2,000 sq. ft. Reason for Selling: New Directions Employees: 7 Part-Time that are fully trained and able to run business day-to-day Hours: M,T,W,F 10AM-6PM, TH 10AM-8PM, SA 10AM-5PM, SU 12-4PM Seller Training Period: 90 days post-sale Growth Opportunities: Different product lines at different price points to increase diversity of clientele. Increasing the Event Marketing would allow an Owner to draw in new clientele base
Current Owner’s Responsibilities: Owner/Operator
Reason for Selling: New Directions
Personnel: 7 Part time
Hours: M,T,W,F 10AM-6PM, TH 10AM-8PM, SA 10AM-5PM, SU 12-4PM
Lease: $2,665 month NNN, 2,000 sq. ft.
Support to Buyer: 90 Days
Additional Information: Financial Overview List Price: $78,000 Gross Sales 2015: $101,686 (April – December) 2015 Annualized: $135,581 Fixed Expenses: $7,115 monthly Assets Included in Purchase Intangible Assets: Website, Facebook with nearly 1,000 likes and 5 star rated, Fully built and maintained Twitter, Instagram, and Pinterest Accounts Furniture Fixtures & Equipment: $15,000 Upgraded Cosmetics: $50,000 Build-out: $25,000 Wholesale Inventory: $53,000 Retail Inventory is marked up 50 – 220% Initial Advertising: $51,000 Branding: $33,000 *amounts may vary Next Steps For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.
|Facilities:||$2,665 month NNN, 2,000 sq. ft.|
|Growth Potential:||Different product lines at different price points to increase diversity of clientele. Increasing the Event Marketing would allow an Owner to draw in new clientele base|
|Sale Reason:||New Directions|
Seller Reference #RET018
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