Profitable, turnkey, recession proof, retail store for sale - Business for Sale
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Plato’s Closet Teen Apparel Resale Store in Memphis, TN
Memphis, TN, US
Added 3 months ago
Retail Stores - Teen Resale Apparel
19 years in business
This is a Plato’s Closet franchise retail store in Memphis, TN specializing in buying and selling gently used apparel, shoes, handbags, and accessories for teens.
Key Information
Asking
$300K
Revenue
$1.1M
Earnings
$118K
Multiple
2.5x
Key Highlights
- Business has been established for 19 years
- Current at-cost inventory of $110,000 is not included in the purchase price but can be added
- Business operates as a Plato’s Closet® franchise
- Location is in Memphis, TN, in a high-traffic shopping center with a favorable lease including storage and office space
Contact Info
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