Established Specialty Apparel Retailer, Two Locations, Northern Utah
Davis County and Salt Lake County, Utah

Two established specialty apparel stores in Davis County and Salt Lake County, Utah, trading under one name since 1997.

The business sells intimate apparel with a concentration in extended sizes and in professional bra fitting, a segment that department stores and online retail serve poorly. Customers travel for the fitting service and return on a replacement cycle.

CY2025 sales for these two locations were $1,104,210 with estimated discretionary earnings of about $192,800. Rent runs at 6.1 percent of sales. There is no long-term debt, and no customer accounts for more than one percent of revenue.

Thirteen people work in the business: a manager at each store, an assistant manager and ten part-time associates. Both leases were renewed recently and run to 2030. The owner is retiring after 29 years and will train a buyer through a negotiated transition covering buying, vendor relationships and the financial role.

ASKING $1,019,000 FOR THE OPERATING BUSINESS. INVENTORY OF $346,000 IS PRICED SEPARATELY AND IS NOT INCLUDED IN THE ASKING PRICE, SO THE TOTAL CASH CONSIDERATION IS $1,365,000. Inventory is settled on a physical count at closing.

THREE STORES, TWO LISTINGS. The owner operates three stores under the one brand. This listing is the two established northern Utah locations. The third store, in Washington County, Utah, opened in April 2024 and is listed separately as 286-25467-B at $243,000 for the operating business plus $87,000 of inventory. The two listings exist because the halves are worth different things to a buyer: the mature stores are sensibly priced on what they earn, and the newest store on what a buyer acquires, being its fit-out, its lease, its trained team and the sales it already has. Carried as a single listing, the newest store's start-up costs pulled the combined earnings figure down and made these two stores look weaker than they are. Nothing is concealed by the split. Either listing can be bought on its own, and each states the other's figures.

WHY MOST BUYERS SHOULD TAKE ALL THREE, AT A COMBINED $1,695,000. The overhead is already being carried: buying, vendor relationships, the assortment and the brand serve three stores today and would serve three after a sale, so the same effort covers a wider base. Vendor terms follow volume rather than location, and three stores order as one account. And the newest store is close to paying for itself. It needs roughly $58,000 of additional annual sales to cover its own cost base, it grew 15.5 percent in the most recent quarter, and it is offered at $330,000 including its inventory. A buyer of these two stores would be closing that gap with earnings that already exist.

Ask for both profiles before you decide which you want.

Listing Number:

25467

Category:

Retail

Location:

Davis County and Salt Lake County, Utah
$1,019,000

Financial Information:

Gross Revenue:

$1,104,210

Listed Price:

$1,019,000

Down Payment:

$0

Total Income:

$192,800

Year Established:

1997

Lease Information:

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$346,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

3

Part-Time Employees:

10

Special License Required:

Business License Only

Contract Staff:

0

Training Period:

Negotiated transition period covering buying, vendor relationships and the financial role

Reason for Selling:

Founder retiring after 29 years

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Mike & Lynn Lee
License #:

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Established Specialty Apparel Retailer, Two Locations, Northern Utah
Davis County and Salt Lake County, Utah

Listing Number:

25467

Category:

Retail

Location:

Davis County and Salt Lake County, Utah

Listed Price:

$1,019,000
brokerPhoto
Mike & Lynn Lee
License #:
Two established specialty apparel stores in Davis County and Salt Lake County, Utah, trading under one name since 1997.

The business sells intimate apparel with a concentration in extended sizes and in professional bra fitting, a segment that department stores and online retail serve poorly. Customers travel for the fitting service and return on a replacement cycle.

CY2025 sales for these two locations were $1,104,210 with estimated discretionary earnings of about $192,800. Rent runs at 6.1 percent of sales. There is no long-term debt, and no customer accounts for more than one percent of revenue.

Thirteen people work in the business: a manager at each store, an assistant manager and ten part-time associates. Both leases were renewed recently and run to 2030. The owner is retiring after 29 years and will train a buyer through a negotiated transition covering buying, vendor relationships and the financial role.

ASKING $1,019,000 FOR THE OPERATING BUSINESS. INVENTORY OF $346,000 IS PRICED SEPARATELY AND IS NOT INCLUDED IN THE ASKING PRICE, SO THE TOTAL CASH CONSIDERATION IS $1,365,000. Inventory is settled on a physical count at closing.

THREE STORES, TWO LISTINGS. The owner operates three stores under the one brand. This listing is the two established northern Utah locations. The third store, in Washington County, Utah, opened in April 2024 and is listed separately as 286-25467-B at $243,000 for the operating business plus $87,000 of inventory. The two listings exist because the halves are worth different things to a buyer: the mature stores are sensibly priced on what they earn, and the newest store on what a buyer acquires, being its fit-out, its lease, its trained team and the sales it already has. Carried as a single listing, the newest store's start-up costs pulled the combined earnings figure down and made these two stores look weaker than they are. Nothing is concealed by the split. Either listing can be bought on its own, and each states the other's figures.

WHY MOST BUYERS SHOULD TAKE ALL THREE, AT A COMBINED $1,695,000. The overhead is already being carried: buying, vendor relationships, the assortment and the brand serve three stores today and would serve three after a sale, so the same effort covers a wider base. Vendor terms follow volume rather than location, and three stores order as one account. And the newest store is close to paying for itself. It needs roughly $58,000 of additional annual sales to cover its own cost base, it grew 15.5 percent in the most recent quarter, and it is offered at $330,000 including its inventory. A buyer of these two stores would be closing that gap with earnings that already exist.

Ask for both profiles before you decide which you want.

Financial Information

Gross Revenue:

$1,104,210

Listed Price:

$1,019,000

Down Payment:

$0

Total Income:

$192,800

Year Established:

1997

Lease Information

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$0

Inventory:

$346,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

3

Part-Time Employees:

10

Special License Required:

Business License Only

Contract Staff:

0

Training Period:

Negotiated transition period covering buying, vendor relationships and the financial role

Reason for Selling:

Founder retiring after 29 years

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.