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Business For Sale
CLOTHING BOUTIQUE
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Asking Price: |
$195,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Clothing & Accessories
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Reason for Selling:
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Other Ventures |
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Year Established:
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1966 |
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Yearly Revenues:
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$550,000 |
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Yearly Cash Flow:
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$85,000 |
Business for Sale Overview:
Stylish Men's and Women's Fashion Boutique in Chicago's Hottest Area. For more than 10 years, this extremely well-run retailer has set the pace for independent clothing and accessories retailers in the competitive and lucrative Chicago market. Featured frequently in national and regional media (think "Lucky", "In Style", "Daily Candy", the Trib, etc.), this business enjoys a passionate following of sophisticated male and female customers who know quality, style, and value. The store is right in the middle of the best area of Chicago for tapping the urbane, well-healed younger professional set. The
surrounding businesses -- trendy restaurants, boutiques, cutting-edge night spots -- bring constant appealing foot traffic to the area. Plus, this business has cleverly built on its enormous base of walk-in customers by using targeted marketing, ingenious point-of-sale data collection, and integrated networking techniques to drive even more customers through the doors and to the cash register.
Property Features and Assets:
Fixturing of the boutique is all custom-designed and sharp. The inventory is matchless, and includes, in addition to the clothing lines, an aggressive commitment to accessories which bolster profit margins and cushion cash-flow fluctuations. The business's online presence has proven very successful and presents huge opportunities for additional growth.
By carefully monitoring their customer base, the owners always have inventory that is exactly in tune with the elusive fashion Zeitgeist that seems to drive consumer behavior. By the way, the current owners have already prepared, and are including in the purchase price, an intensive course showing the new owner all the secrets and techniques that are used to keep this store at the pinnacle of the Chicago fashion marketplace.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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