Three Upscale Urban Apparel Boutiques
Location California,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $10500000
Net Profit / Cash Flow $2500000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 20 - 34
Inventory 3000000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training 3 weeks, 40 hours / week.
Reason for Sale Other business ventures.
Description Get into a recession proof and well established business with steady sales. Three upscale URBAN Apparel boutiques for sale, each located in busy malls and each location has been strategically hand-picked according to the best demographics that create optimal sales and growth for the products that each store offers. Over $10,500,000 in annual sales. These boutiques carry hi-end urban brands from fashionable line to casual ware to boardroom such as Timberland, 7 for all man kind, true religion, rock & republic and many exclusive Italian lines. This business has secured exclusivity rights for most of these major brands. Loyal clients including many celebrities and stars in the entertainment industry. Clean books & records. Owners are willing to stay for up to six months for training the new owner and ensuring a smooth transition. For more information, please email or call Ash Rasaei, with Prudens Business Advisors, at (310) 622-8777.
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