Styles In Motion

Business Opportunity for Sale
Catylist Listing ID: 30170346
Property Subtypes: Clothing and Fashion
Building Size (RSF): 1,200 SF
Sale Price: $125,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 10/10/2017

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.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Industry Segment: Clothing and Footwear Retailing
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,672 65,666 101,600
Median Age: 32.44 33.66 34.74
Households: 7,397 27,151 40,824

Source

© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.