Details - Information last confirmed on June 2, 2021
You only need 10% ($160K) down to purchase these 4 successful Clothing Franchise businesses!
This is a nationally recognized leader in sustainable retail. They buy and sell gently used clothes, shoes, and accessories for teens, young adults and children. These 4 locations are well established stores with a long track record of success. 2021 has been more profitable already and sales continue to grow.
Their trailing 12 months is over $725,000 net income. They have all the financials to back up all these numbers from accountant! Staff is in place and operating all 4 locations.
This business has been lender approved already. SBA will pay for the first 3 months of loan payments up to $9,000 per month free to you which is an extra $27,000 savings, means more money back to you your first year of owning it. You will earn $530,000 (after paying loan) first year getting your 10% back close to 3.7 months! The SBA guaranteed loan must be approved before 9/30/2021, or earlier if funds run out.
Note: $600,000 of inventory is included in the asking price.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.