|
High - End Women's Fashion Retail Business
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $587000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Inventory $30000 (FFE); $140000 (Inventory)
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Training will be provided as needed.
Reason for Sale Owner wants to pursue other ventures.
Description In business for ten years this high-end, multi-brand fashion boutique has established itself as a marquee provider of cutting-edge clothing, jewelry and accessory designer styles. It is located in highly desired retail space in Manhattan's Meatpacking District and has recently undergone extensive leasehold improvements. The business drives customers through the door and retains them by providing an unparalleled selection of coveted and unique products at attractive prices, and delivering courteous, personalized styling advice by their highly experienced and knowledgeable employees. The business has strong brand awareness within the industry and has been featured in such media outlets as outlets such as WWD, Harpers Bazaar, Vogue, and Good Morning America to name a few. Some of the notable brands carried are Carven, Pierre Balmain, Vanessa Bruno and Maison Kitsune. The company also possesses a fully functioning website that operates as an online showroom for all products, as well as an e-commerce portal that ships worldwide and generates over 10% of sales revenue. Revenue has increased steadily since inception, even during the 2008 recession, and is projected to exceed $1.4 million by 2017.
The owner's are motivated to sell so they can pursue other business interests. Training and an agreed upon transitional period will be provided by the owners. Training in administration, employee introductions, operations, management, and day-to-day running of the business will be part of the hand-over process.
Price: Upon Request
Revenue: $587,000
Location: Manhattan, NYC
Established: 2002
Employees: 1FT; 2PT
Inventory: $140,000
FF&E: $30,000
Size: 1,100 sq. ft.
Click Here To Contact Seller
|
|
