RetailNow available for the first time, this 28-year-old clothing & apparel business is one of the more established operators in its trade area. Systems, vendor relationships, and an experienced team are all in place for a smooth handover. The company has expanded its service area gradually over time and now serves customers throughout the surrounding counties. Owner involvement is primarily managerial; no specialized license is required for ownership, though one is preferred. A tenured team of 6 handles day-to-day operations; several key employees have been with the company for many years. The Detroit market continues to grow, and demand for clothing & apparel services has remained resilient through economic cycles. The company ranks well in local search results and maintains an active presence on the major review platforms. Strong online reviews and word-of-mouth referrals drive a steady flow of new customers with minimal advertising spend. The company offers a full range of clothing & apparel services, giving customers a single point of contact and driving healthy average tickets. An excellent opportunity for a first-time buyer or an existing operator seeking a proven platform.
Open to financing 15% of the price over 3 years at 8% with an acceptable down payment.
Seller is pursuing another business venture and wants a clean transition.
2 weeks of training included in the sale price; extended support negotiable.
Growth opportunities include expanded digital marketing, added service lines, and extended hours.
Modeling Established Clothing Boutique in Detroit · $309K
Asking price is $309K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
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Figures are provided by the seller. The platform does not verify or value the business. The implied multiple is simply asking price ÷ cash flow (SDE). Not financial advice; verify independently before any offer.