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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