Listing Number: 1401-774064
Description
This men's outdoor clothing brand has been developed over the last two years, with significant investment made in the design, fabric, variety of products, and securing stable sources of supply. The business caters to an underserved but affluent demographic (Males aged 18 to 55). The largest revenue source is sales of clothing meant for outdoor enthusiasts and casual weekend wear for all climates and seasons.
The quality and the design of the clothing have received praise, recognition, and community support. While much time and investment has been focused on early development, little has been spent on expanding sales channels. Almost all of the current sales come from its one retail location in Utah county. In addition, this store also carries some of the industry's most sought-after brand names that are difficult to find in other stores.
The current owner has spent time creating the brand and the design and buildout of the one retail store but does not work in the retail shop. The owner is effectively an absentee at this point, other than some back-office work when needed. The current staff is motivated and knowledgeable of the store's products, fittings, and the daily operation of the business. Although the store was closed for COVID, in-store sales have continued to grow. The current owner would like to sell the brand and/or the shop to someone with the resources to develop the business.
Listing Details
- Price: $ 100,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 150,000
- Location: Utah County, Utah
- Inventory: $ 35,000
- FF&E: $ 65,000
- Employees:
- Year Established: 2018
- Reason for Selling: Other Opportunities
- Category: Clothing
