Business Overview:
Priced for quick sale!
Profitable women’s clothing and lingerie boutique located in the most desirable neighborhood of San Diego and surrounded by many other fashion stores. It was founded in 2017 and looks brand new due to recent remodeling. The shop has become a destination renowned for its chic and unique pieces of clothing and also for its flirtatious and high-end lingerie. Many of the brands carried by the store are exclusive to the area and therefore a growing base of local customers is consistently returning to the shop.
The business offers the opportunity to travel to Europe, New York and Los Angeles to attend trade shows and to purchase the most fashion forward merchandise.
The customer base has grown steadily along with revenue and profits. 2018 revenue was $310,000 with a net of $87,885 and 2019 revenue was $ 419,730 with a net of over $132,000. This is a growing business where the owner has been mostly semi absentee over the last 12 months and wants to spend more time with a young family.
This is a great opportunity for the fashion conscious person who has a vision of increasing the reach of this established boutique.
The business is being offered for only $150,000 and includes $35,000 of new inventory and $7,500 of furniture, fixtures and equipment. E-2 visa possible.
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Property Features and Assets:
It was founded in 2017 and looks brand new due to recent remodeling. The shop has become a destination renowned for its chic and unique pieces of clothing and also for its flirtatious and high-end lingerie.
Market Competition and Expansion:
Many of the brands carried by the store are exclusive to the area and therefore a growing base of local customers is consistently returning to the shop.
Potential Growth: This is a great opportunity for the fashion conscious person who has a vision of increasing the reach of this established boutique.
Reason for Selling:
Family
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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