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Memphis Metro Landmark Niche Clothing Retailer


This well-established business has been a distinguished presence in the retail market for over 50 years. Located in a thriving area of Memphis Metroplex, the store serves a vibrant community and numerous families throughout the region. Known for its exceptional customer service and high-quality products, the business has built a solid reputation and a loyal customer base. The store consistently receives excellent reviews for its extensive selection, catering to families. The business is synonymous with superior product offerings and exceptional customer care, meeting the high standards of the wider Memphis community. For anyone looking to invest in a reliable and esteemed business in the retail space, this store presents a prime opportunity. This is a rare chance to own a respected and successful establishment with a proven track record of excellence and customer satisfaction.



Listed By: Jack Pritchett (CBI)

Background information

Reference:

N215-JP

Year established:

1966

Reason selling:

Retirement / Moving

Finance

Sales:

$550,984

Profits:

$116,566

Operations

Inventory:

138,000

Furniture fixtures and equipment:

5,100

Premises

Rent and lease terms:

Leased space

Location:

Memphis Metroplex

Opportunities

Growth:

Growth Potential.

Price and terms

Price:

$300,000

Financing:

Seller financing up to $30,000.

Training:

Seller is willing to stay to transition the operation for as long as is needed.