Location
Fredericksburg, Virginia
Inventory
Included in sales price
Real Estate
Rent
Building SF
3,400
Furniture, Fixtures, & Equipment (FF&E)
$24,500 Included in asking price.
Lease Expiration
1801353600000
Employees
6
Facilities
Rent is $8,036 per month. The current lease is 3,400 Sq Ft and expires 1/31/2027. It may be extended with the agreement of the lessor.
Owner Absentee
No
Competition
Turn-key operation. Assumable lease. Assumable franchise agreement. Franchise Agreement renewal effective 6/26/2032.
Growth & Expansion
There is much upside potential to grow sales revenue and profitability further through active, on-site, hands-on owner/operator who can: • lead, train, and work closely with staff to generate more repeat shoppers, • leverage new social media tools to build revenue opportunities to a national market, • be involved in the community/promotions / local charitable causes & events • hosting special events within the store and hold a Grand Re-Opening to highlight social media, store changes and new ownership.
Support & Training
As part of the Clothes Mentor national franchise system, owner/manager training is provided at the main office in Minneapolis, MN. A Franchise Business Consultant is assigned to help you to analyze the computer data and maximize the growth and potential of this business. The store owner has a 24/7 Extranet available for manuals, training, and advertising materials.
Franchise
This business is an established franchise
Reason for Selling
Retirement
Listing Id
863133
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