In this type of business for over 30 years
A chain of Off Price brand name clothing warehouses, with first quality items for the whole family at exceptional prices. Nine great locations. Sales for 2013 of $ 8.23M and an EBITDA of $1.150M. This great opportunity is priced at $3.9M and includes FF&E valued at $900K inventory of $900K and TI’s of $180K. Each store has 1 manager and 4 fulltime staff with 5 part time employees. The current owner has been in this type of business for over 30 years and is willing to train new owner. With most items selling for under $10, this is a great business in the right location. These stores are located in high traffic areas, in neighbors that respond well to off price merchandise.
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