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- RE: Quinceanera Dresses, Formal Wear Boutique Shop
- Contact: Sohil Gandhi
Quick Facts
Asking Price: | $95,500 | |
Annual Revenue: | $130,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $34,422 | |
Total Debt: | Not Disclosed | |
FF&E: | $7,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 1 | |
BBN Listing #: | 951807 | |
Broker Reference #: | 76931-347808 |
Business Overview:
Stunning Quinceanera Dresses, Formal Wear Boutique Shop for Sale!
This successful boutique is a premier destination for brides and Quinceañeras seeking the perfect attire for their special occasions. Established in November 2021, the boutique was inspired by the concept of “made just for me” and is located in the heart of West Houston. It specializes in an exquisite collection of formal wear, Quinceañera dresses, and accessories that seamlessly blend classic elegance with contemporary flair.
The boutique's offerings include everything from romantic ball gowns to sleek, modern silhouettes, all crafted from luxurious fabrics with intricate details. For Quinceañeras, the boutique provides a stunning selection of dresses and colors that capture youth and grace, ensuring a magical experience for every young woman celebrating her special day.
This Boutique Is Your Gateway to Success because it offers:
- Curated Collections: Featuring a handpicked selection of the finest formal wear from renowned designers, ensuring impeccable style for any event.
- Personalized Service: Experienced fashion specialists offer tailored advice and personalized fittings to help customers find their perfect look.
- Exclusive Accessories: Complement your attire with a range of exclusive accessories, including bow ties, tiaras, and jewelry that add a touch of sophistication.
Since its launch in 2022, this boutique has become a "go-to" place for Latinos and young communities celebrating milestones such as graduations, Quinceañeras, sweet sixteens, weddings, proms, and holiday events. With personalized attention, valuable free consultations, and affordable pricing, the business has experienced impressive growth of 30-35% year-over-year since opening. The boutique benefits from a favorable long-term lease and entire boutique inventory is included in the sale price. This provides a solid foundation for continued success under new ownership.
The owner is motivated to sell due to a family relocation out of state.
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Property Features and Assets:
Monthly Rent: $2,600.00
Square Units (Foot, Meter): 1,100
Lease Expiration Date: May 30, 2027, 10:00:00 PM
Terms Options: two 5 years terms upon expiry of the current term
Facilities:StripCenter - Freeway facing with ample parking
FF&E Overview:POS system with counter, mannequin and fixtures, customer lounge area with furniture, gowns fitting room, cameras with security system, front business sign, elegant business logo, and upgraded flooring.
FF&E General ConditionExcellent condition.
Market Competition and Expansion:
Competition: This elegant boutique is fully equipped with elegant flooring, decors, modern fixtures and furnishings, allowing you to hit the ground running from day one. It also comes with wide variety of quinceañera, and formal wear inventory for customers. This location is popular with out of town residents for making their key celebrations. No need to invest extra time and capital in setting up – it has all been expertly managed for you.
Expansion: With their prime location, trendy, affordable, and designer brands have driven success so far. The referrals come from satisfied customers and word of mouth. There is room to explore expanding the business, be it through additional services such as on-site alteration, popular gifts, dress rentals for pre event photoshoots, embroidery articles for keepsakes, and men’s formal wear sale/rental. A stronger community based marketing and online portal with purchases can fuel business growth. Business was established in 2021. Revenues in 2022 and 2023 were $95,000 and $130,000, respectively. Executing business and sales expansion plan for next three years. Sales in 2024 are estimated to reach $175,000. Upon execution of the 3 years business growth plan, sales(revenue) and sellers’ discretionary income(SDE) are expected to grow by 40%-50%. Expanding the delivery area along with advertising could boost the top and bottom line.
Reason for Selling:
Relocation due to spouseAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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