Seller's Contact Information
- RE: Women's Boutique & Gift Shop
- Contact: Eric J. Gall
- License #: BK3217067
Quick Facts
Asking Price: | $470,000 | |
Annual Revenue: | $796,878 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $217,288 | |
Total Debt: | Not Disclosed | |
FF&E: | 43,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1988 | |
Employees: | 4 | |
BBN Listing #: | 764156894 | |
Broker Reference #: | 964-23005 |
Business Overview:
This Naples, Florida-based women’s retail shop prides itself on its unique offering of clothing, shoes, giftware, and women's accessories. Their clothing lines include many high-end USA-sourced products. $150,000 of inventory is included in the price.
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Property Features and Assets:
- The business leases 1800 square feet of retail space in a popular retail plaza at the intersection of two highly traveled roads. The lease is triple-net with a base rent of $4,643 per month plus $378 sales tax, $803 CAM, and another $387 in incremental rent. The lease expires on May 31, 2033. There is a $2,700 security deposit. - List of assets provided in the confidential business review.
Market Competition and Expansion:
Opportunities for a buyer: - Introduce new clothing, jewelry, shoe, and gift lines. - More aggressive use of social media. - Explore more clothing lines in the $150 to $250 retail range. - Keep focus on upscale lines.
Reason for Selling:
Retirement
Additional 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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