October 8, 2024 – Biznis Resource

2BY2 Mission Gear / 2BY2 Menswear (formerly The Missionary Store) sells quality clothing, shoes, gear and accessories to missionaries, but more importantly, they give families peace of mind during the missionary’s term of service!

2BY2 MISSION GEAR / 2BY2 MENSWEAR - logos

2BY2 MISSION GEAR / 2BY2 MENSWEAR - MISSION clothing

BUSINESS VALUE INCLUDES ($500K):

Goodwill:
- 6 1/2-year established business
- 2 Locations: Kaysville & Clinton
- Strong Missionary Niche & School Dance Outfitting
- Over 17,000 clients served!
- Note: This business THRIVED throughout the pandemic

Location:
- 140 N Main St. STE A, Kaysville UT 84037:
  - Lease: $3800 / mo: 6-year Lease with 3.5 Years remaining
    - CAM = $927.83 / mo
    - Utilities = $700 / mo
  - 2600 Sq Ft:
    - Retail Space
    - Bathroom
    - Office
    - Storage / Staff Room
    - 3 Dressing Rooms
- 1867 N. 2000 W. Ste 2, Clinton UT 84015:
  - Lease: $2908 / mo: 5-year Lease with 4.5 Years remaining
    - CAM = $675
    - Utilities = $500
  - 1600 Sq Ft:
    - Retail Space
    - Bathroom
    - Storage / Staff Room
    - 2 Dressing Rooms

Revenue Streams:
- Retail Sales: 2 Brick & Mortar locations
- Online / Website Sales:
  - Clothing
  - Shoes
  - Gear & Accessories
  - Packages

Tangible Assets:
- Inventory: $386K
  - Full Inventory List Available
- FFE = $55K:
  - Computers: 4 PC’s, 1 Laptop, 3 Printers, 5 Receipt / label printers
  - Security: 2 Scanners, 2 Recording monitors, 6 Recording Cameras, 2 Alarm Systems
  - Full Countertop Registers
  - Furniture: 6 Sofas, 8 Chairs, 4 Desks, 3 Coffee Tables, 6 Display Tables, 4 Shirt Displays, 15 Clothing Racks, 2 Custom Suit Racks, and other décor
  - Slat Wall Shelving

Intangible (Soft) Assets and Social Media:
- Business Software:
  - CRM Heartland Retail (POS) = $152 / mo
  - Microsoft Office = $300 / yr
  - Comcast Internet / Phone (2 locations) = $500 / mo
  - Federal Alarms (2 locations) = $80 / mo
- Website: www.2by2gear.com
- Social Media:
  - Facebook Business: 478 Likes / 545 Followers / 2 Reviews
  - Instagram: 121 Followers
  - Google My Business:
    - Kaysville: 61 Reviews / 4.5 Stars
    - Clinton: 20 Reviews / 4.6 Stars

Employees:
- 1 Owners: 50 hrs / wk
- 1 Full-time General Manager: 45 Hrs / wk
- 1 Part-time Sales Manager: 20 hrs / wk
- 5-6 Part-time employees: 20-35 hrs / wk ($10-$14 /hr)
- 2 1099 Employees: 20- 30 hr / wk: Piece Rate = $24-$32 / hr

Training / Transition:
- Full Transition (included)
- Business Training (negotiable)

2BY2 Mission Gear / 2BY2 Menswear is Utah’s premier mission clothing store with Elder & Sister Missionary Clothing and boy’s dress clothes!

2BY2 MISSION GEAR / 2BY2 MENSWEAR - sisters clothing

2BY2 MISSION GEAR / 2BY2 MENSWEAR - Mission ties

2BY2 Mission Gear / 2BY2 Menswear has been upgrading the future missionary’s wardrobe with stylish suits, gear, and accessories since 2017!

2BY2 MISSION GEAR / 2BY2 MENSWEAR - mission shoes

Two Brick and Mortar locations: Kaysville and Clinton!

2BY2 MISSION GEAR / 2BY2 MENSWEAR - Clinton Location

2BY2 MISSION GEAR / 2BY2 MENSWEAR - Kaysville location

2BY2 MISSION GEAR / 2BY2 MENSWEAR - Kaysville map

Kaysville, UT

2BY2 MISSION GEAR / 2BY2 MENSWEAR - Clinton map

Clinton, UT

2BY2 Mission Gear / 2BY2 Menswear refreshes every missionary’s style with quality men’s and women’s clothing and accessories, perfect for their mission experience!