Owner Financing is Available
Business Overview:
This two-location high-end women s boutique is best described as a brand and trend retailer. They offer exclusive designer labels, as well as their own private label collection. Specialties include dresses, tops, sweaters, skirts and casual wear, as well as footwear, handbags and other accessories, but they are best recognized for their collection of designer denim. Both stores reside in exclusive locations, with other clothing stores, high-end retail, fine dining, luxury residential and five-star hotels in the immediate vicinity. These premium locations, coupled with the exclusivity of their designer and private collections make these stores destinations for fashion-conscious shoppers. Their core customer ranges from high school girls to women in their 40s, who are typically young professionals that live or work in the immediate area. They prefer to use their disposable income on fashion and accessories and are very in-tune on the latest trends and know where to find the hottest brands. The business also operates a highly successful website that showcases all of the merchandise offered in both stores and offers shoppers the ability to purchase these items online. This website has been credited in dozens of national publications. The owners do not actively manage either the stores or the website. There are managers in place who handle the day-to-day duties required to run this retail operation. Having no fashion or design background of their own prior to starting this business, the owners feel confident they can teach anyone who has an interest in fashion to run this company successfully just as they have.
For further information, please complete our Non-disclosure Agreement at http://www.vrbigd.com/nda. Jeremy Furtick can be contacted by email at jeremy@vrbigd.com or by phone at 972-792-0100.
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For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Both retail locations are approximately 1,500 sq.ft., and both are located in premier retail centers, complete with other high-end shopping destinations, fine dining and five-star hotels. The stores utilize identical fixtures and amenities, keeping the brand consistent.
Market Competition and Expansion:
This retail operation reserves exclusive rights on most of its designer labels, making it the only outlet in the immediate area where shoppers can go to find some of the country's most popular lines. In addition, the private label collection offers even more exclusivity to shoppers, while higher margins for the owners.
Reason for Selling:
Family considerations have created need to sell.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.