This upscale, locally owned/operated 18-year company has a consistent net revenue stream that has grown over 50% in 3yrs, far exceed industry averages. Margins are consistently over 55% compared to the industry average of 45%. Net income averages over 19% compared to the industry average of 5%.
The several billion-dollar women’s specialty apparel industry outlook is forecast to grow over 5% annually, surpassing average regional economic growth of 5%. The company is in a very strong position to continue to grow due to local positive economic conditions and the strength of an established repeat customer base. The specialty medical division has both doctor and insurance accreditation with projected sales growth of 40%. Expansion opportunities exist for additional stores within the existing metro area as well as several regional cities. Currently ecommerce sales account for less than 1% of overall revenue, providing strong opportunities to reach new customers. Additional digital marketing campaign resources are projected to increase ecommerce sales by 30%.
The turnkey business is only a few miles from major highways and highway arteries in a 1 million+ metro area. The low cost of living, minimal competition and existing labor force make the location very attractive. The business has a seasoned store manager and team of loyal and very seasoned employees. The owner will provide extensive training and support during the 15-day transition.
Business currently averages $20,000 month free cashflow!!! 10yr debt service approximately $8000 month w/SBA financing available @ www.accessbizcapital.net