Extremely Profitable Women’s Contemporary Boutique in Old Metairie, LA

Summary Information

Price:
Total Sales:

FF&E:
Inventory:

Listing Status:

$650,000

$233,656

$15,000
$30,000

Sold

Summary

Description:

This business located near New Orleans, LA sells brick and mortar and online fashionable women's apparel, footwear, accessories and jewelry. They regularly hold special events that routinely generate impressive sales numbers.

This business generates $784 per square foot in annual sales - almost 250% above average! Sales as measured by CoStar, at most public retailers have declined to an average of around $325 per square foot, down from roughly $375 in the early 2000's, the commercial real-estate research firm said in a report. https://www.cnbc.com/2017/07/29/here-are-the-retailers-that-make-the-most-money-per-square-foot-on-their-real-estate.html

The business turns its inventory an impressive ~25 times per year.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Price: $650,000
Total Sales: $233,656

FF&E: $15,000
Inventory: $30,000

Listing Status: Sold

Summary

Description:

This business located near New Orleans, LA sells brick and mortar and online fashionable women's apparel, footwear, accessories and jewelry. They regularly hold special events that routinely generate impressive sales numbers.

This business generates $784 per square foot in annual sales - almost 250% above average! Sales as measured by CoStar, at most public retailers have declined to an average of around $325 per square foot, down from roughly $375 in the early 2000's, the commercial real-estate research firm said in a report. https://www.cnbc.com/2017/07/29/here-are-the-retailers-that-make-the-most-money-per-square-foot-on-their-real-estate.html

The business turns its inventory an impressive ~25 times per year.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607