(Filed Under wholesale Dancewear News). The owner of a leading adult dancewear specialty store in the Midwest is looking to find a new owner for his business.
“I love this business, but I have been selling clothing and in retail for 39 years and I am ready to retire,” he told BODY. “But every year I take out a substantial distribution, and last November I took out $150,000 in addition to my salary. Pretty good for a pandemic! So if I don’t get a fair price for this profitable store, I’m going to stay.” Because he may continue on for a few more years he asked to keep his name and that of the store confidential until he finds a buyer.
While this retailer has sold may different types of lingerie for over 20 years, he gravitated to dancewear over the past decade. “I found that adult dancewear, catering to the dancers in this area, has been the most profitable of all categories. So I focused on becoming the leading specialist in this city.”
“Dancers always have to have something new. And they like to pay cash. Plus, this is a city with a lot of clubs and dancers.”
“With a dedicated following, built up over many years, along with a good location, attractive selling space and a low rent, the shop has prospered.” For confidential information on acquiring this shop contact Nick Monjo at FMMG Advisors, (917) 602-9430 or Nick@FMMG.com.
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