Iconic Boutique in Beautiful Downtown Fairhope

Fairhope, AL
Baldwin County


Asking Price: Annual Revenue:
$249,000 $338,562

Retail: Clothing & Accessories


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RE: Iconic Boutique in Beautiful Downtown Fairhope Broker: Will Bruce
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $249,000
Annual Revenue: $338,562
Net Profit: Not Disclosed
Cash Flow: $62,975
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 36262497
Broker Reference #: Not Disclosed

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Business Overview:

The location of this retail business could not be better. It is situated right in the middle of beautiful downtown Fairhope.

This business, established in 2004, is an extremely attractive retail boutique. The shop carries some of the top brands in America, and the hard-to-obtain product lines are a part of the sale of the business. The business is available only due to the retirement of the owner.

The asking price includes $60,000 in inventory at cost plus all furniture, fixtures, equipment, customer list, websites and the well-known tradename, not to mention the sterling reputation of the business earned over the past 16 years. The numbers quoted for revenue and cash flow are the averages of 2017, 2018 and 2019 operations. The revenue for 2020 is considered statistically invalid, as the business was closed for a lengthy timeframe to the Governor's Covid orders.

Consider the advantages of investing in this business:
- Trained employees are already in place.
- Valuable vendor supply relationships are established, some with exclusivity.
- The location and products have been market tested and proven.
- The owner is committed to a seamless transition and will thoroughly train a new owner in all aspects of the business.
- The business is fun and exciting to operate and the trips to the merchandise markets are always enjoyable.
- And you'll be a respected business owner in one of the most desired communities in the region.

This business is being marketed in a confidential manner. A confidentiality agreement and qualifying financial information are required to receive further details. For additional information, please promptly contact William Bruce from this website.

We look forward to showing you this beautiful boutique which is available only due to the retirement of the owner.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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 not a franchise resale opportunity.

Relevant Links:

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