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Plato's Closet And Style Encore For Sale

Red Deer, Alberta, Canada, ID 243379

Plato's Closet And Style Encore For Sale 1
Plato's Closet And Style Encore For Sale 1
Asking price:
CAD$2 000 000
Cash Flow (per year): $347 230 cad
Sales Revenue: $2 097 789 cad
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Description

Established Franchise Resale Retail Business OpportunityAn excellent opportunity to acquire two well-established and highly recognizable franchise retail businesses specializing in the purchase and resale of gently used, brand-name clothing, footwear, and accessories for customers of all ages. Operating within the rapidly expanding resale retail sector, the businesses benefit from strong brand recognition, proven operating systems, comprehensive franchise support, and a loyal customer base driven by both value-conscious and sustainability-focused consumers.The current owners have successfully built a strong operational foundation and are offering the businesses for sale as part of their retirement plans. They are committed to providing a smooth ownership transition and are willing to remain involved during a transition period to offer consulting and operational support.This opportunity is ideally suited for an experienced retail operator, strategic buyer, or entrepreneur with a passion for customer service and business growth.Business Highlights* Established franchise brand with strong market recognition* Two operating locations providing diversified revenue streams* Prime retail locations with convenient customer accessibility* Strong opportunities for growth through social media marketing and customer loyalty programs* Broad customer demographic serving all age groups* Recession-resistant, value-oriented business model* Proven operating systems with franchise support* Loyal and established customer base* Positioned within the growing resale and sustainable retail market*Revenue and earnings are based on the combined financial performance of both businesses.*

Details

Real Estate: Lease
Equipment cost: 91 000
Employees (ppl): 22
Reason for selling: Retirement
Support from seller: Training provided
Asking price: 2 000 000 cad
Cash Flow (per year): 347 230 cad
Sales Revenue: 2 097 789 cad

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