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Quick Facts
Asking Price: | $594,000 | |
Annual Revenue: | $645,145 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $193,608 | |
Total Debt: | Not Disclosed | |
FF&E: | $18,985 | |
Real Estate: | Not Disclosed | |
Year Established: | 2008 | |
Employees: | 4 | |
BBN Listing #: | 185052348 | |
Broker Reference #: | 59071-627033 |
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Business Overview:
This profitable high-end long-established specialty boutique is situated in a beautiful tourist destination beach town. Located in the heart of a quaint and growing coastal community, this charming, creative, and delightful store offers women's clothing, jewelry, artisanal treats, and hand-made gifts for all ages.
Situated in the central business district, surrounded by hotels and restaurants, there’s plenty of foot traffic and walk-in business, catering largely to tourists and secondary homeowners.. In business for 14 years, this eclectic shop is loved by locals and visited by tourists from all over the world.
With its blend of quality unique merchandise and top-notch customer service they have established a hard-earned loyal customer base. This is a destination store, where it is not uncommon to have customers travel from all over the country just to come shopping.
A long time fixture in this beach town, this boutique originally opened in 2008 selling non-fashion items, and fully transitioned to its current unique fashion and gift niche in 2012.
Each store in town has developed a solid niche. One has active wear and shoes. Another caters to a high-priced clientele. And another has more imported items. The more similar stores in town the better.
Focus more on higher profit product lines. Add direct marketing to loyal customers. Focus on ecommerce on the website.
1,200 square foot store.
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Reason for Selling:
Change
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