Boutique Women's Clothing & Accessories

Savage, MN
Scott County

Asking Price: Annual Revenue:
$525,000 $1,065,084

Retail: Clothing & Accessories

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RE: Boutique Women's Clothing & Accessories Broker: Andy Erskine

Quick Facts

Asking Price: $525,000
Annual Revenue: $1,065,084
Net Profit: Not Disclosed
Cash Flow: $208,182
Total Debt: Not Disclosed
FF&E: $41,052
Real Estate: Not Disclosed
Year Established: 2012
Employees: 8
BBN Listing #: 628659958
Broker Reference #: 219-20584

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Business Overview:

Starting with only 1,400 square feet of space, the business expanded to 2016 to almost 2,700+ square feet to accommodate an exponentially growing business. Over the last 7 years, sales have grown each year. Now with over 8,000+ purchasing customers, the business is well established with a great reputation within the Savage/Prior Lake/Shakopee area. Surrounded by one of the fastest growing communities in the Twin Cities area, the location grosses the highest (franchisee-owned) sales within the franchise system. Retail space is in turnkey condition, without the need for any major leasehold improvements. All fixtures, furniture, computers, etc are up-to-date. This opportunity will not last long! For additional information please contact listing agent Andy Erskine.

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Property Features and Assets:

This is a leased location of 2,662 square feet with a Total Rent of $4,242. Lease ends 12/2022 with a one 5 year lease option. Seller is active in the business with 3 Full Time employees and 5 Part Time employees. Hours of operation are Monday - Friday: 10AM-6PM, Saturday: 10AM-5PM, Sunday: 12PM-4PM. $53,323 in Inventory and $41,052 in FF&E included in Asking Price. $76,000 made in Leasehold Improvements.

Reason for Selling:

Seller has welcomed there first child into their l

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.

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