For Sale, ID# 163
Asking Price: $550,000
Annual Gross Sales: $1,092,800 (4 year average)
SDE: $142,800 (4 year average)
This business retails specialized high-end, high-quality graphic tees, tattoo inspired clothing, performance and training wear, denim, button ups and Bike, Moto, MMA and Boxing equipment. Many of these high-end brands are exclusive to their stores. The current owners have worked very hard building their business and have enjoyed positive and steady profitability earnings since 2003. There is tremendous opportunity and potential for positive growth profitability with the purchase of this business. This business is a perfect fit for an energetic new owner who is an aficionado of high-end designer clothing, enthusiasm for motocross/motorcycles, hand drawn tattoo inspired artwork and/or is a fan of mixed martial arts (MMA).
Sophisticated, high-end boutique clothing store operating successfully for 16 consecutive years;
Profitable business with an average $1,100,000 annual sales revenue;
Profit margins range between 50% and 70% depending on the clothing or accessory item;
First-class customer service, strong customer satisfaction and customer loyalty with a following that spans locally, provincially, and into MB, AB and eastern BC;
The business boasts an average repeat customer rate of 50%;
Tremendous growth potential and opportunity to expand the business into Calgary and Edmonton;
The business includes an online store, a phone app, a strong presence on social media, and top-of-mind name equity;
A highlight and asset of the business is its positive and ubiquitous name equity. The business and its clothing and accessory lines are well-known in Manitoba, Saskatchewan, Alberta and eastern British Columbia.
If you are interested in this business, please contact:
Travis Kellett, Broker
Bridgepoint Business Brokers
Email: Click to email Travis
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