Seller's Contact Information
- RE: Boho-Chic Women's Retail Stores-2 Great Locations
- Contact: Aaron Woscoff
- License #: 01979059
Quick Facts
Asking Price: | $477,000 | |
Annual Revenue: | $545,492 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $60,938 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 10 | |
BBN Listing #: | 138363614 | |
Broker Reference #: | AW211 |
Business Overview:
INCLUDES $235 IN INVENTORY!!! The Boutique's flagship store opened in 1999. The charming 500 SF boutique was purchased by the current owner in 2017. After two years in business, the store was closed for renovation, which necessitated a move to what would remain their second location. The new space, a 2000 SF store in a busy shopping plaza, allowed them to capitalize on the larger space. The new store gave them greater exposure to the public and allowed them to bring in wider variety of clothing and accessories. Once established, they kept the second store and moved back into their original space in March of 2020, now 1200 SF.
Both boutiques offer a unique shopping experience. The new-an-improved inventory was a fun mix of women’s clothing, shoes, jewelry, and accessory items. Much of the “look” is composed of relaxed, sometimes bold color, pattern, and texture to help create a Boho Chic appearance indicative of our lovely coastal chic lifestyles. Suffice to say, “Sometimes Art hangs on the wall, sometimes you wear it.”
COMPANY HIGHLIGHTS
They carry boho-chic women's apparel, shoes, jewelry, purses and accessories
Fantastic location for foot traffic.
They carry highly sought-after brands that not many retailers carry
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Property Features and Assets:
There are two locations, both are in very busy destination shopping areas. LEASE/TERMS: Store #1 – NNN | 5 years from March 1 2021 Store #2 -NNN | April 4, 2022 – April 30, 2023 TYPE OF BUILDING: Retail Plazas TOTAL RENT: Store #1 -~$6,700/mo Store #2 ~$6,800/mo SQUARE FOOTAGE: Store #1- 1200 SQ FT Store #2 ~2,000 SQ FT SECURITY DEPOSIT: Store #1- $3,408 Store #2 - $8,000 See CIM for details on assets
Market Competition and Expansion:
Market & Competition This boutique sells unique, high-end clothing and accessories not found in nearby stores. Growth & Expansion: Online Sales Not Being Utilized Now - Excellent Opportunity to Grow a Spectacular Retail Brand Online
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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