Business Overview:
This beautiful, boutique-style clothing store is located in an upscale neighborhood and offers moderately priced women’s clothing, accessories and gifts. The owner has found that offering a large variety of unique items has proven to be more successful than carrying any specific brand items. This variety causes customers to come in often to see what’s new. They also have an extensive inventory of jewelry and gifts which carry a high mark-up value. Given its excellent location exposure, minimal advertising is done for new customers. Existing customers are added to an email list and are sent discount offers on an occasional basis. The owner buys new inventory on a monthly basis to keep the look and items fresh.
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Property Features and Assets:
The store is located in a busy strip mall which is right off of the freeway and attracts numerous retail customers. The space is approximately 1,100 square feet and the store places additional advertising signs throughout the center.
Market Competition and Expansion:
With the email marketing list, the business boasts a large base of core customers that have shopped in the store since its inception. They also keep a nice variety of items in the store which causes the customers to come back often to see what’s new.
Reason for Selling:
Downsize business interests.
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.
Resources: