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suit-714357_1280

Long Standing Menswear Retail Shop

$145,000.00

Description

Listing Number: 1526

Established menswear retail shop for sale in Jackson, TN. Located on a major thoroughfare in a plaza with national retailers. The shop has a strong reputation due to its longevity and excellent service to their customers, as well as offering amazing suit labels like Ralph Lauren, Calvin Klein, Michael Kors, and DKNY, along with a large array of ties, bowties, shoes, socks, and accessories. Lots of opportunity for potential growth. Good fit for owner operator or growth through acquisition. Contact today.

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Asking  Price: 
$145,000

Gross  Revenue: 
$561,106

Adjusted Net Income: 
$65,349

General Info:

  • Asking Price: $145,000
  • Gross Revenue: $561,106
  • Total Adjusted Net Income: $65,349
  • Equipment / Fixtures: $92,500
  • Year Established: 1989
  • General Location: Jackson, TN

Lease Info:

  • Square Feet: 4,000
  • Total Rent: $7,000
  • Lease Expiration: 07/2025
  • Lease Options: 15 year option
 
 

Additional Information:

  • Independent Contractors (1099): 6
  • Training Period: Up to 90 days
  • Reason for Selling: Health
 
 

Eric Whaley

For more information on this business contact Eric:

Office: (615)-850-4410
Cell: (901)-288-9200
Email: eric@nashbb.com

Looking to Sell?

Nashville Business Brokerage is here to guide you through a seamless and rewarding selling process. Our team of experienced professionals is dedicated to maximizing the value of your business and ensuring a smooth transition. Take the first step toward a successful business sale by scheduling a consultation today.

Contact us now to get started.