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Clothing Boutique
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $550000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1966
Number of Employees 1 - 3
Inventory 170000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Other ventures.
Description Stylish Men's and Women's Fashion Boutique for sale in Chicago's Hottest Area. For more than 10 years, this extremely well-run retailer has set
the pace for independent clothing and accessories retailers in the competitive and lucrative Chicago market.
Featured frequently in national and regional media (think ''Lucky'', ''In Style'', ''Daily Candy'', the Trib, etc.), this business enjoys a passionate following of sophisticated male and female customers who know quality, style, and value.
The store is right in the middle of the best area of Chicago for tapping the urbane, well-healed younger professional set. The surrounding businesses -- trendy restaurants, boutiques, cutting-edge night spots -- bring constant appealing foot traffic to the area.
Plus, this business has cleverly built on its enormous base of walk-in customers by using targeted marketing, ingenious point-of-sale data collection, and integrated networking techniques to drive even more customers through the doors and to the cash register.
Fixturing of the boutique is all custom-designed and sharp. The inventory is matchless, and includes, in addition to the clothing lines, an aggressive commitment to accessories which bolster profit margins and cushion cash-flow fluctuations. The business's online presence has proven very successful and presents huge opportunities for additional growth.
By carefully monitoring their customer base, the owners always have inventory that is exactly in tune with the elusive fashion Zeitgeist that seems to drive consumer behavior. By the way, the current owners have already prepared, and are including in the purchase price, an intensive course showing the new owner all the secrets and techniques that are used to keep this store at the pinnacle of the Chicago fashion marketplace.
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