This business is a leading retailer of top name foot wear and clothing and a destination store located in the NY metro area. Over its 35 years in business, this company has established an impeccable track record for providing a broad selection of high quality, in demand brand items including goods from Nike, Puma, Jordan, Timberland, New Balance, Reebok and many others. They are known for carrying one of the largest selections of these quality names in the Metro NY area and are recognized for their ability to fulfill the continuing strong demand for these items in their geographic market. Families and sports apparel aficionados travel to this store from Long Island and all five boroughs to make purchases. They have an excellent reputation for outstanding customer service due to
their professional and highly efficient staff. They are widely recognized as a company that is totally committed to reliability, quality and complete customer satisfaction.
This company was founded in 1976. Over the last 35 years they have developed a solid reputation as a top retail store with a strong emphasis on the sale of high-end brand name footwear and clothing to the lucrative under 21 year old market as well as generations of families throughout Queens and the surrounding boroughs. This company has established a significant competitive advantage in the marketplace
differentiating itself by providing its customers with a large
selection of high quality products, backed up with exceptional
Gross Income: $2,200,000
Cash Flow: $500,000
Fixtures, Furniture & Equipment:
County: New York County
Year Established: 1976
Business Type: Retail
Competition: Is very minimal and this company maintains a significant competitive advantage in its local market, due to its ability to satisfy virtually all of its customers needs quickly and efficiently. As the best known retailer of Brand Name Footwear and clothing in its area, their reliability and exceptional reputation for quality products and services provides a strong platform for maintaining profitability and market share.
Growth/Expansion: The Company believes that a well-planned and financed marketing campaign can significantly increase sales by promoting the companies key competitive advantages (personalized and knowledgeable service, a complete product line and competitive pricing).
Financing: Buyer must qualify for 3rd party financing
Reason Selling: Owner Wishes to Retire
Listing ID: 74620