FOR SALE A retail business which sells clothes from a well-known clothing brand with an international franchising contract
Business information
| Sale topic | For sale company |
|---|---|
| Industry | Sale of clothing, textiles |
| Location | Estonia |
| Person count | Full-time 23 persons |
| Adjusted revenue | 2 821 000 EUR |
| Asking price |
325 000 EUR |
The business has four stores in large shopping malls in Estonia and Latvia.
The franchising model is unique. The franchise recipient doesn’t need to buy, select or price the products before selling them. The international franchiser organizes the buying, delivery, pricing, discounts etc. The franchise recipient pays for the products on a weekly basis in accordance with actually sold products during the previous week (unsold products must not be bought, they are returned at the end of the franchising period).
The business has no debt or leasing agreements. The business is financed with equity. No large investments are currently needed.
Asking price justification
3 X EBITDA
