Profitable Clothing Boutique in Salt Lake County

Not Disclosed, UT
Salt Lake County

Asking Price: Annual Revenue:
$74,500 $203,185

Retail: Clothing & Accessories

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RE: Profitable Clothing Boutique in Salt Lake County Broker: Meili Myles
Owner Financing is Available!
Owner Financing Terms $15,000.00 Owner Financing Interest 6% Owner Financing Terms Months 24 Owner Financing Monthly Payment $664.81

Quick Facts

Asking Price: $74,500
Annual Revenue: $203,185
Net Profit: Not Disclosed
Cash Flow: $42,281
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 725350336
Broker Reference #: 15541-283051

Email or Print Listing

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Business Overview:

This is a profitable boutique shop that offer exclusive, unique, and affordable women’s clothing. The owner has done a great job in bringing in repeat customers along with new customers. The shop differentiate itself by selling trendy apparel that changes annually. The target demographic is female between the age of 15-30 years old.

The business has been established in its current location for 3 years. It survived Covid-19 by establishing an online shop. The boutique is in a strip mall with an office, a gym, a couple of restaurants, and a coffee shop that provides good synergies. There is ample parking.

The business differentiates itself by the uniqueness of the clothing style that rotates more often than competitors. The owner frequently attends fashion tradeshows out to make sure the shop offers a wide variety of clothes that are in-fashion. Some of the store’s trendy items have made appearances on reality tv shows.

A new owner will take advantage of the uniqueness of the brand and positioning in the industry. They should also take advantage of reaching to other revenue streams such as Instagram shopping and improvements to the website to maximize the online shopping experience and volume.

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Reason for Selling:

Other opportunity.

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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