Profitable, turnkey, recession proof, retail store for sale

Asking Price$295,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$105,000
Not included in asking price
FF&ENot Disclosed

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Profitable, turnkey, recession proof, retail store for sale


Asking Price$295,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$105,000
Not included in asking price
FF&ENot Disclosed

Business Description
Price does not include inventory. The current inventory is valued at around $105,000. Sales floor decor, fixtures, computer hardware and software are all updated to corporate standards. This highly visible location boasts a favorable lease including storage and office space in a high traffic shopping center with complimentary retail stores and restaurants.

Plato’s Closet®, a Winmark teen resale brand, sets itself apart from other retailers by focusing on a gently used sustainable business model. It is a part of Winmark - the Resale Company®, the leading multi-channel retail franchisor in the resale industry, which has a proven track record of success and more than 1,315 small businesses operating in North America. Plato’s Closet joins current industry top brands such as Play It Again Sports®, Once Upon A Child®, Style Encore® and Music Go Round®.
Plato’s Closet specializes in buying and selling gently used apparel, shoes, handbags, accessories and more. Teens like to have trendy, brand-name pieces in their closet. Plato’s Closet gives them a resource to sell items they no longer wear, get paid cash on the spot, and purchase new items at a tremendous value – at up to 70% off regular retail.
About the Business
Years in Operation
18
Franchise
This business is an established franchise
Website
https://platoscloset.com/locations/memphis-tn/
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,773
About the Sale
Seller Motivation
Retiring
Listing Info
ID
2347618
Listing Views
710
Business Location

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Business Listed by: David Sanford

Listing ID: 2347618 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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