RETAIL SCHOOL-WORK UNIFORM CO. retl450

Price: $99,900

Location: Monmouth County, New Jersey

Industry: Retail

Listing ID: RETL450

Retail business operation which offers to the public various products including uniforms, medical wear, varsity jackets, school uniforms, tee shirts, formal ware, tuxedos and much more. The company also offers silk screening services including specialized shoe products. Their business is equipped with silk screen and embroidery machines, enabling the staff to customize product year-round. Their online ordering provides easy online ordering 24 hours a day 7 day a week, tailored specifically to your specifications. Their customers are able to create a personal account to save their profiles, size preferences, and to view previous orders. They have had many years of experience learning how to get the job done with offering uniforms and service to their many customers. The company is a locally owned and their knowledgeable and friendly staff are on-site year-round to support the community, whether a student is shopping for a whole new uniform, or just needs to do a quick exchange.  Their products fit every one of their customers at any size, and they are confident in their quality that they guarantee them. This is a dependable safe business opportunity.

Listing Details

Revenue: $168,725

Cash Flow: $47,770

FFE: $45,000 (Included in Price)

Inventory: $15,000

Reason For Sale:

The sale is due to the owner is retirement after many successful years in this industry

Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 1574

Type of Location: Commercial Avenue

Square Footage: 1,200

Relocatable?: Yes

Facilities Information:

This well-known retail facility which consist of approximately 1,200 square feet has an attractive modern appearance to the public. The business is in a mid-size commercial mall with various other active and successful businesses. This opportunity is in Central New Jersey, Monmouth County, which consists of various highly populated communities with continued demand for the various products offered.

Summary

Owner Qualifications:

For qualifications purposes, this industry does not require government licensing approval          to purchase or operate.

Competition:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

The business presently has a limited marketing plan, no local advertising, poor web site and if improved can further develop the business yearly gross sales.

Financing/Terms:

seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Ron Cervelli

contactus@regalconsultants.com

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