Catylist ID: #30170346
Styles In Motion
Business Opportunity for Sale
|Catylist Listing ID:||30170346|
|Property Subtypes:||Clothing and Fashion|
|Building Size (RSF):||1,200 SF|
|Gross Revenue:||$0 (Annual)|
|Cash Flow:||$0 (Annual)|
Overview / Comments
Styles in Motion opened its doors as the only full-scale Dance, Cheer, Gymnastics store in southern New Mexico, in November 2004. It was established after Rhonda Masters, a registered nurse, repeatedly mentioned to her husband David, that there was nowhere for her or her friends to purchase what was needed for their children. Her husband's response - "open your own store."
Styles in Motion have become a staple in the community, providing shoes, tights, apparel, and gifts for immediate purchase and order. Relationships with local studios, schools and the University have been built, allowing for loyal repeat and new customers throughout the year. There has also been a steady increase in out-of-town business, solely due to word-of-mouth.
Styles in Motion are able to be staffed with one person at most times. Employees appreciate being able to enjoy holiday closures similar to those of area schools, as well. Rhonda will keep stock current and maintain a great selection, in preparation for the busy season at hand. The owner wants to travel more.
The store has for the last three years averaged $145,000 in sales with an average net profit of $34,268.59. The business is being sold for the inventory on hand. The owners have averaged 16 hours a week for 4 months out the year and for 6 ½ months worked 32 hours a week. The other times the location is closed. The schedule mirrors the school system. The current Inventory is approx. $125,000.00
The client base is all of Southern New Mexico and El Paso Texas. The closest store similar is in Albuquerque.
Styles In Motion has an awesome upside potential with a little more work and open more hours. Great Location on a high traffic street.
|Nearest MSA:||Las Cruces|
|Industry Segment:||Clothing and Footwear Retailing|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Value of Real Estate Included ($):||$0|
|Proximity:||1 mile||3 miles||5 miles|
Tom WhatleySTEINBORN / TCN Commercial Real Estate
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