Turnkey Boutique Retail Store - Semi-Absentee Oppo

Not Disclosed, IL
Jo Daviess County

Asking Price: Annual Revenue:
$524,900 $870,015

Retail: Clothing & Accessories

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RE: Turnkey Boutique Retail Store - Semi-Absentee Oppo Broker: Steven Eschbach
Owner Financing is Available!
Owner Financing Terms $105,000.00 Owner Financing Interest 7% Owner Financing Terms Months 24 Owner Financing Monthly Payment $4,701.00

Quick Facts

Asking Price: $524,900
Annual Revenue: $870,015
Net Profit: Not Disclosed
Cash Flow: $366,985
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 906652743
Broker Reference #: 3233-760158

Email or Print Listing

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Business Overview:

A family-owned specialty boutique retail store located in two quaint downtown locations is ready to pass on a well-established legacy to its next owner.

Investment Highlights -
* Turnkey operation with staff, clients and infrastructure in place.
* Return to pre-pandemic growth with 2021 revenues up over 25% and seller's discretionary earnings up more than 40% from 2020.
* Opportunity features both bricks-and-mortar store and growing online 24/7 e-commerce platform.

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Reason for Selling:

Other interests.

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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