NOT DISCLOSED, Pennsylvania
| Asking Price |
$999,900 |
Year Established |
1939 |
|
| Annual Revenue |
$1,467,048 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Richard Collins |
|
| Annual Cash Flow |
$328,138 |
Listing Number |
947159 |
|
| # of Employees |
10 |
Business Category |
Retail: Clothing & Accessories |
|
Business Overview:
The business is Pre- Qualified for about $1,000,000 in SBA FINANCING, if needed.
This Women’s Contemporary Clothing Boutique comes with a Timeless Tradition: With decades of expertise, the owner, store manager and staff know how to blend classic elegance with contemporary flair, ensuring customers always step out in style. It offers Personalized Service where customer satisfaction is the goal. Customers can walk in or book an appointment at any time, and the resolute staff will curate a selection that resonates with the customer’s individual taste and preferences. This businesses culture will make a new owner have a truly walk in and take over situation. While the owner is important, she has allowed and encouraged her employees to take on more responsibility. Her manager is involved with every facet of the business, from hiring and firing to deciding on the purchases the store will make for upcoming seasons. The staff is extremely well trained and is dedicated to the store, its owner and manager. This is truly a turn-key business for someone from the fashion industry.
Property Features and Assets:
<p>Monthly Rent: $5,500.00<br><br>Square Units (Foot, Meter): 2,500<br><br>Facilities: Store is located in a strip center which has business that cater to women.<br></p>
Market Competition and Expansion:
<p>Competition: The greatest competition for any clothing boutique are big box stores and the internet. What is fortunate for this business is most of the women who are clients are well off and not that likely to shop in big box stores nor the internet. They want personalized service by experts who know what trends are coming in women's fashion.</p><p>Expansion: The business does not advertise much and it does not focus on internet sales. A new owner could expand both revenue and profits by putting a little effort into these two areas.<br></p>
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