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Women's Clothing Boutique in Destination Downtown

MI

Seller Financing Available
Women's Clothing Boutique in Destination Downtown
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Asking Price: $170,000

Cash Flow: N/A

Gross Revenue: $338,393

EBITDA: N/A

FF&E: $7,500

Inventory: $40,000*

Rent: $2,100 /Month

Established: 1990

*not included in asking price.

Women's Clothing Boutique in Destination Downtown

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Business Description

Location, location, location! First time on the market, this successful boutique is
ready for new ownership. This one has it all - prime real estate along main retail
corridor of a walkable destination city, an established customer base, and
knowledgeable staff. This shop has excellent exposure to walking and driving
traffic with an attractive storefront in the heart of this gem of a town. The economy
is thriving here and the downtown is expanding. It's fun to work where the action
is! Ask for details today including cash flow.

• Strong record of earnings and profits
• Distinctive choice of merchandise drawing new and repeat business
• Attractive, high-demand retail space
• Seller works part time in the store
• No real estate is included in the sale. Buyer to negotiate new lease with
landlord.
• Turnkey profitable enterprise

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,129
Lease Expiration:
6/1/2020
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1192 sf leased in prime retail downtown location
Competition:
Competitors include other stores in downtown area as well as malls and online stores. Demographics of customers are females age 20 to 70 and include new and repeat customers from a wide radius including a two metro areas, summer visitors, and college students. Seller is known for selection of attractive and trendy merchandise not found in other retail establishments. This downtown is greatly expanding with brand new development of shops and housing in downtown.
Growth & Expansion:
Buyer could create a website for online sales, offer private parties, and do trunk shows. Buyer can continue to expand social media footprint.
Financing:
Negotiable.
Support & Training:
Seller willing to train for two weeks at no charge
Reason for Selling:
New opportunities
Contact Seller

Contact the Seller

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Kathy DeVries

Business Listed By:
Kathy DeVries

Keller Williams Commercial

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