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Florida Business For Sale |
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| DESIGNER FASHION BOUTIQUE IN FLORIDA RESORT |
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| Attn: Fred Bower |
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| Not Disclosed, FL, USA |
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| Asking Price: |
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$450,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Clothing & Accessories |
| Reason for Selling: |
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Retirement |
| Year Established: |
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1985 |
| # of Employees: |
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1 Full Time & 3 Part Time |
| Yearly Revenues: |
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$671,402 |
| Yearly Cash Flow: |
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$140,049 |
| Yearly EBITDA: |
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$93,530 |
| Yearly Net Profit: |
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$93,530 |
| Yearly Gross Income: |
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$671,402 |
| Monthly Payroll: |
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$5,700 |
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Business for Sale Overview:
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The sellers began this business in 1985 and now wish to retire. Retail, specializing in Women's Designer Clothing, Accessories, Shoes & Jewelry. Gross sales & cash-flow increasing annually. Income tax returns available for the past four years. Seller requires Confidentiality and Non-Disclosure Agreement up front from prospects and brokers. Prospects can expect to provide written evidence of financial ability to complete this cash transaction. A new lease will be required of the buyer.
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Property Features and Assets:
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This business is located near a PGA golf course in a well known shopping center in a resort community in NE Florida. The facility contains 1,060 square feet and the existing three lease expires in September 2008. The center owners plan to renovate, replace and/or remodel the buildings within one year. The landlord may only require a one year lease. These renovations are needed for this 25 year old center. |
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Market Competition and Expansion:
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The shop owner travels annually to Europe, New York and Las Vegas to purchase womens clothing, accessories and shoes that Exclusive to her store. She carries diamond jewelry made in India and original oil paintings by a local artist. These items are on consignment. The owner's cost of inventory of saleable goods is in the range of $115,000 and this Is Included in the asking price. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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