Fantastic Opportunity with Exclusive Brand Boutique
North CarolinaListing DetailsOffice ID: BOUTIQUE1
Listing Broker: Joe Vagnone
Listing Price: $65,000
Gross Revenue: $199,160
Cash Flow: $19,611
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will consider some financing to the right, qualified buyer.
Reason for Sale:Owner is pursuing other interests, and has a full-time position at another company.
Training:Seller will train a new owner - length of time is negotiable.
OperationsYear Established: 2016
Form of Ownership: LLC
Employees (full-time): 1
Employees (part-time): 1
Business Hours: 10-7 Monday – Saturday, Closed Sunday
There could not be a better time to take advantage of this unique opportunity to own the region's premier unique clothing and accessories boutique. This business’s well-known and popular branding and trademark are what drives the business and makes them unique – they have their own line of clothing, while sourcing some fashion item pieces in their collection. Offering free shipping with affordable clothing, gifts, jewelry and on-site monogramming & embroidery has made this business thrive. Trademark and brand are included. What began as a mobile boutique in 2016 grew and prompted the owners to open a storefront a year later, while still doing mobile business. In fact, 30-40%% of the business is currently mobile, when COVID-19 restrictions are not a factor. This business enjoys a stellar reputation in the business community, with a 5-star rating. You don't want to miss out on fulfilling your dream of owning a boutique with a widely known and popular trademark brand. This business is ideal for the fashion-minded owner-operator. Contact us today!
Historical Summary:Current owner began this business as a mobile boutique in 2016, and presently operates a storefront, which was opened 1 year later, in 2017.
Good with the public, social media skills, process oriented – organizational skills, a good understanding of fashion and trends, creativity – such as displays.
Competition:With very few competitors in the market area, this business's unique brand, price, customer service and personalization service keep it very competitive.
Potential Growth:Growth is limited only to the creativity of a new owner.
LocationType of Location: Strip Center
Lease Expires: Apr 30, 2021
Monthly Rent: $3,350
Square Footage: 1200
This business\'s storefront is in a strip center with fabulous parking. The business is currently in a 1,200 SF facility.
Last Updated: Feb 22, 2021 / 4:49 PM
Financial Information Current As Of: Feb 9, 2021 / 5:43 PM