NOT DISCLOSED, North Carolina
| Asking Price |
$399,000 |
Year Established |
2006 |
|
| Annual Revenue |
$699,014 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Tom Morse |
|
| Annual Cash Flow |
$162,681 |
Listing Number |
1015740 |
|
| # of Employees |
3 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
Profitable women's apparel boutique in a coastal North Carolina town with a stable year-round resident base and substantial seasonal visitor traffic. Offered confidentially by a long-tenured owner.The business sells versatile everyday women's clothing and accessories through a storefront and an integrated e-commerce platform, with online sales representing 10-15% of revenue. Revenue has held steady at approximately $700,000 across three consecutive years, gross margin has improved to over 50%, and the business carries no term debt. Financials are supported by three years of filed federal tax returns. Highlights: Approximately 65% repeat customer rate (owner-reported) Established local brand with an active organic social following, built without paid advertising Experienced staff in place; owner works approximately 20 hours per week Real estate is owned by the seller and offered to a qualified buyer on a triple-net lease - no relocation riskGrowth opportunities: the business has never run paid advertising, has no email marketing program despite an existing customer list, has not extended operating hours to capture full weekend traffic, and operates an e-commerce platform that is built but underused.Earnings are stated on an owner-operator basis, assuming a working owner. The seller is exiting for personal reasons and will provide a negotiated transition period. Limited seller financing may be available to a well-qualified buyer. The asking price includes furniture, fixtures, and equipment, leasehold improvements, and approximately $50,000 of inventory at cost. Signed NDA and buyer profile required.
Property Features and Assets:
Market Competition and Expansion:
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