Business for Sale Overview:
Location - location and location. Pioneer Square is one of the most sought after destination locations. The current business is a high end, upscale, imported designer clothing boutique, which may not be the right fit for the area. The business name and website are not included in the sale. This could be an ideal location for a more moderate clothing business with unique offerings, a jewelry store, a boutique, or a gift store. The business occupies 1,920 square feet and has lots of storage, a beautiful build out (cost the Seller $150,000), and a loft area for an office and sleeping area. The decor and furnishings are warm, upscale, and inviting. Due to financial reasons the Seller must sell ASAP.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This business has an outstanding location right in the heart of Pioneer Square. There is high visibility and foot traffic. The business occupies 1,920 square feet and has a base rent of $3,680 per month plus NNN of $500. The lease runs till 12/31/2013 with an option to extend. There is an upstairs section that is perfect for an office and sleeping area. Seller has over $150,000 invested in furnishings and build out.
Market Competition and Expansion:
The Pioneer Square area has a very diverse group of businesses. It is one of the highest profile areas in Seattle. There are many successful and flourishing businesses in this area. It will be up to the new Buyer as to what type of business they want to put in this location. Pioneer Square, where this business is located, is a destination shopping area. There are many successful and thriving retail businesses in this area. The current owner has a high end upscale imported designer clothing store and this may be too high end for the location and not a good mix for the area The new owner may want to open a more moderate clothing store with unique offerings, a jewelry store, or another retail concept. This is a dynamite location
Reason for Selling:
Financial Reasons
Additional Details:
- The property is leased.
- The owner is not 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.