Specialty Apparel Retailer with Two Established Locations

Overview: This business comprises two well-established specialty apparel stores located in Davis County and Salt Lake County, Utah, operating under a single brand since 1997. The focus is on intimate apparel, particularly catering to extended sizes and offering professional bra fitting—a niche inadequately served by department stores and online retailers. Customers frequently return for fittings, contributing to a consistent sales cycle. In CY2025, the combined sales for both stores reached $1,104,210, with discretionary earnings estimated at around $192,800. Rent constitutes 6.1% of sales, and the business is free of long-term debt, with no single customer contributing more than 1% of total revenue. The team consists of thirteen employees, including a manager for each store, an assistant manager, and ten part-time associates. Recent lease renewals extend through 2030. The owner, who is retiring after 29 years, will provide training to the buyer on purchasing, vendor relations, and financial management. The asking price for the operating business is $1,019,000, with inventory valued separately at $346,000, bringing the total cash requirement to $1,365,000. The owner also operates a third store in Washington County, Utah, which opened in April 2024 and is listed separately. This listing focuses on the two established locations in northern Utah, with both listings available for purchase independently.