Absentee Owned Upscale Retail Clothing Boutique

Hilton Head Island, SC


Asking Price: Annual Revenue:
$350,000 $463,799

Retail: Clothing & Accessories


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RE: Absentee Owned Upscale Retail Clothing Boutique Broker: Matt Uhler

Quick Facts

Asking Price: $350,000
Annual Revenue: $463,799
Net Profit: Not Disclosed
Cash Flow: $127,090
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: $75,000
Year Established: 2013
Employees: 3
BBN Listing #: 335426599
Broker Reference #: NAZ19796

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Business Overview:

This upscale boutique specializes in high-end men’s and women’s clothing, footwear, hats, accessories, sun care and jewelry. The Owners have been running the business from Arizona, where they live, since 2016; visiting the store 2-3 times per year. The boutique is located in a busy upscale shopping center on Hilton Head Island. During the summer season, the store averages between 300 to 350 customers a day. Financials are based on the 2018 tax return, assuming an Owner/Operator is running the store.

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Reason for Selling:

Owners live and work in Arizona.

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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