First Time on the Market - Well Established Clothing/Shoe Store

Vashon, King County, Washington 98070, United States

Asking Price$120k

Revenue$357k

EBITDA-

Cash Flow-

Description

A neighborhood favorite located on beautiful Vashon Island in the heart of Puget Sound just a short ferry ride from Seattle. This unique store has been a part of the Vashon community for over 30 years specializing in quality outdoor/lifestyle products offering such brands as Hoka, Birkenstock, Kuhl, Prana, Brooks, Toad, Merrell, Keen, Teva, and more. Currently open limited hours, expanding to full-time hours and adding a wider variety of inventory such as travel clothing, workwear, casual/dress shoes, children’s apparel, and new marketing provide an excellent opportunity to greatly increase revenue. There is no other store like this on the island, the possibilities are limitless. The island has a very diverse population with many full-time residents, second-home residents, and is a very popular get-away destination for tourists who love having a local clothing/shoe store to save them trips to the city and or the hassle of online shopping and returns. Excellent location on a main thoroughfare providing steady daily traffic and great exposure. Seller will provide hands-on training and support on all aspects of the business including the buying process, attending trade shows, etc. Potential seller financing for qualified buyers. Gross Sales 2024: $357,415 Hours: Thurs - Tues 11:00 -4:00 Square Feet: Approx. 1,349 sq ft [an additional 639 sq ft of external storage under a separate lease]. Lease Expiration: March 31, 2026. Renewable (Great Landlord) Employees: 2 including the owner Inventory: TBD Please view with discretion and do not speak with the owner or customers about the sale. NDA Required for Details

Real Estate

Leased

Building Size: 1349 sq. ft.

Inventory

$190k

Number of EmployeesFull-Time: 1Part-Time: 1

Year Established

1995

Reason Selling

Retiring

Asking Price$120k

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