Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Decade Long Established Uniform Store
(Retail)
Dallas, Texas
Listed Price: $ 170,000
Listing ID: 000929

Listing DetailsDown Payment: $ 85,000
Gross Revenue: $ 450,000
Cash Flow: $ 80,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 45,000
Reason for Sale:

Other opportunities


Training & Support:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Specialized school uniform and scrubs clothing store is now available for acquisition. This business was established by the current owner in 2007. Business is located in a 4,323 SF of end-cap space of a retail strip center next to an intersection surrounded by densely populated residential area and is easily visible from all sides of the intersection. This uniform store offers top quality uniforms such as medical uniforms, work uniforms and school uniforms etc. for the affordable price. Majority of the customers are coming from nearby local private schools which require their students to wear school uniform, as well as medical employees from nearby medical businesses. One competitor was found within the immediate market area, but the competitor doesn't specialize in this industry as much as this business. Gross sales of this uniform store have been consistent for the last several years running at around $450K-500K per year despite the sales were quite seasonal. Minimal marketing is in place, and proactive marketing methods are needed to fully utilize to achieve maximum income potential. Although there are many ways to proactively market this unique business, particularly online-based marketing such as social media outlets, email marketing, web-based advertisements, direct mailing, promotional sales and diversifying inventory will bring new set of customers and contribute to continued success of the business. Marketing efforts on acquiring corporate account to schools, companies, public agencies etc. can also greatly improve the sales. There is a full-time manager in place, but full-time owner involvement will be crucial in order to further grow the revenue and cash flow by reducing labor cost and taking quality and customer service to the next level. This business has done very well with its ground works, poised for next level growth. A potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.


Competition:

Although there is one competitor within the immediate market area, this uniform business is the most specialized business in this industry within the immediate market area.


Potential Growth:

There's no marketing done at the current time.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 4323
Facilities:

The business is located in a 4,323 SF of end-cap space of a retail strip center next to an intersection with great visibility and can easily allow access to the store for customers. The store is fully furnished with well-maintained equipment.


OperationYear Established: 2007
Absentee Owner: No