Business Overview:
This Specialty Retail Franchise (located in the Westfield Shopping Center) for sale is the only to offer branded fashion apparel, jewelry, handbags, accessories and gifts in the styles and trends customers are looking for. They offer a unique and fun shopping experience for their customers. This is a fantastic franchise opportunity for individuals who would love to express their passion for shopping by owning their own boutique. They were recognized by Entrepreneur as one of the top 500 (out of 3,500) franchise brands for 2008 & 2009 and was recognized by the International Council of Shopping Centers as the Hot Retailer for Fashion in 2008.
This apparel retailer has 45 franchised boutiques- each with a decidedly singular character. And they want to open another in Palm Desert. Each unit has the feel of an exclusive, independent specialty shop. The stores share in common their name and an assortment of branded apparel including Free People, Lucky Brand, and Paper Denim & Cloth. The chain appeals to teens and mature alike, and the average sale comes to about $40.
The company handles the initial store purchase and layout. After that, the franchisee decides what works. Certain branded items are sold across the chain, but franchisees are otherwise free to bring in other items at their own discretion. The company does not buy for the stores, but they negotiate trend- right merchandise and communicate that to the stores. When the company negotiates a buy, they leverage the entire chain toward that buy, even if a particular store doesn’t buy in.
Store & Franchise Info: -The stores measure about 1,500 square feet. -Average Investment Range: $131,800 to $307,000 -Initial Franchise Fee: $29,500 -Royalty: 5.5% Advertising: 1%
The initial investment includes everything you will need to open the doors such as store design, inventory, furniture & fixtures, equipment, site selection, working capital, on- site training and store merchandising.
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:
Real Estate License ID: 1441594
Reason for Selling:
Expansion Opportunity
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 a franchise resale opportunity.
Resources: