Description of the business for sale
Profitable clothing store in free standing building with high visibility on frontage major Highway in high traffic strip center. Priced below, major renovation build out. Client wants to concentrate on out of town stores. $300,000 renovation in 2003. Profitable Designer Clothing Store with High visibility on major highway frontage in strip mall. Long time customer patronage of location. Recent $300,000 renovation. Shows extremely well with Excellent track lighting, newer racks and Counter Kiosk, 4 TV Screens present modern atmosphere. Major lines include Evisu, Coogi, Sean John, Iceberg, Versace, Rocawear, Ralph Lauren, Von Dutch, Donna Karan, Diesel, Ferre, Kennith Cole, Timberland, Baby Phat, The North Face, Dolce & Gabbana and more. Inventory is available at cost for several months (optional).
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Description of the facilities
Parking Ample adjacent to building with overflow in open parking lot of strip mall with anchor tenant
Building Size 10,000 total, 5000 showroom
Utilities 800 per month average to include; Electric, Water, Sewage, Dish Telephone Heating and Security.
Equipment All equipment except proprietary cash registers
Lease 5627.54 (3% increase for 5 more years.
Lease Notes Triple Net Lease renews 2/28 annually. Last years RE Tax 4914.92 Insurance 2441 per year.
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