HS Listing ID-73175

ASKING PRICE

$230,000

GROSS REVENUE

$500,000 to $600,000, seller reported

CASH FLOW

$120,000 to $150,000, seller reported

INVENTORY

Approximately $200,000 included in the asking price

BUSINESS DESCRIPTION

Opportunity to acquire an established discount retail and liquidation store located in a high traffic Houston shopping corridor.

The business sells discounted clothing and general merchandise sourced through liquidation channels, including merchandise originally sold by Costco, Target, Macy’s, and other major retailers. Recognizable brands include Nike, Adidas, Puma, Banana Republic, Calvin Klein, and more.

In addition to clothing, the store offers appliances, furniture, patio furniture, personal care products, perfumes, and other discounted merchandise. The business serves both retail and wholesale customers and has developed a strong base of repeat customers within the Houston market.

The approximately 6,000 square foot store is fully stocked. The sale also includes merchandise stored in six additional 10 by 20 storage units. The seller estimates the total inventory value at approximately $200,000.

This is an asset sale that includes the business assets, DBA, customer base, and inventory. The seller’s operating entity and liabilities are not included.

BUSINESS HIGHLIGHTS

• Approximately $200,000 in inventory included

• Reported annual sales between $500,000 and $600,000

• Reported annual net profit between $120,000 and $150,000

• Approximately 70 percent gross margins reported on many products

• Wholesale and retail revenue streams

• Recognizable national clothing brands

• Approximately 6,000 square feet of retail space

• Six additional storage units filled with merchandise

• Strong repeat customer base

• Open seven days per week

• Current owner is largely absentee

• Significant opportunity for an active owner operator

FACILITIES

The business operates from an approximately 6,000 square foot leased retail location in Houston. Monthly rent is approximately $9,750, including CAM and NNN charges.

Approximately two years remain on the current lease. Any lease assignment, extension, or renewal will be subject to landlord approval.

The business also uses six 10 by 20 storage units for additional inventory.

STAFFING

The business currently has two independent contractors who assist with daily operations, including receiving, sorting, and organizing merchandise.

An active owner operator may be able to reduce annual labor expenses by approximately $50,000 to $60,000 by managing daily operations directly.

GROWTH OPPORTUNITIES

A new owner could grow the business through:

• Increased social media and digital marketing

• Online and ecommerce sales

• Live selling through social media platforms

• Improved inventory tracking and merchandising

• Additional wholesale relationships

• Expansion into small discount and dollar store merchandise

• Greater owner involvement in daily operations

• Customer loyalty and referral programs

The current location has not yet completed a full holiday sales season, providing additional potential for continued customer growth.

REASON FOR SELLING

The owner is reallocating time and capital toward active construction projects. Great for an e2 visa buyer.

SUPPORT AND TRAINING

The seller will provide reasonable transition assistance to help the buyer understand the business, merchandise sourcing, inventory, and daily operations. Specific terms will be negotiated as part of the purchase agreement.

FINANCING

Seller financing is not currently offered. Buyers should have sufficient cash or independently arranged financing.

IMPORTANT FINANCIAL DISCLOSURE

All financial information has been provided by the seller and has not been independently verified.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION