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Clothing Boutique For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $564643
Net Profit / Cash Flow $147835
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 6 - 9
Inventory $10000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 2 hours/week.
Reason for Sale Personal.
Description This trendy female clothing boutique with great return on investment potential boasts a top location that will help to insure its success for years to come. The boutique, which is located in a high profile and high foot traffic complex, offers patrons easy access and plenty of parking. It also benefits from complementary neighbors that service a similar young, relatively high discretionary income demographic. Roughly 35% of the stores sales are tops, 30% dresses, 15% accessories and the balance comprised of shorts, pants and jeans, jackets, etc.
Asking Price $90,000.
This 1,600 square foot facility leases for $7,000 per month plus approx $1,600 in common area maintenance (CAM) expense. The lease in this complex, which reported to be very difficult for a new tenant to enter into, is valid until July 2017 with two 5 year options. The sale comes with the store's point of sale system, display shelves and racks, Facebook page with nearly 1,500 fans, and approximately $40,000 in inventory that will be sold at cost at close.
While there is no shortage of clothing boutiques catering to young, trendy females, this store boasts a location that is normally only available to national brands - thus providing it a long-term sustainable competitive advantage. The boutique has also developed a loyal client based that actively participates in its social networking marketing forums.
This boutique has several avenues for growth as the sellers do not maintain an active website, engage in online sales activities, push the sales of certain typically high margin products such as bathing suits, shoes or handbags, participate in pay per click or SEO programs, etc. Naturally, as the owner is only at the location 5 hours per day 3 days per week, a new owner could also likely boost overall sales and the average ticket per sale by working full time in the location. Contact for more information on this clothing boutique for sale.
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