Listing ID: 83008
Business Overview
Attention Style Stars! Sunbelt Business Brokers of Lafayette presents this well-established women’s clothing store for sale. Locally owned and operated, this sassy women’s boutique has been helping Acadiana fashionistas stay on trend for years. Great location, top-notch style advisers on staff and a reputation for unmatched customer service has generated large, loyal repeat clientele! Seller will provide training in order to ensure smooth transition continuing success. All inventory, furniture, fixtures and equipment are included. Seller is ready to retire and will consider some financing for qualified buyer with an acceptable down payment. Don’t miss out on this fantastic opportunity! Contact Tana Moss today!
Financial
- Asking Price: $290,000
- Cash Flow: $115,195
- Gross Revenue: $491,733
- EBITDA: N/A
- FF&E: N/A
- Inventory: $75,000
- Inventory Included: Yes
- Established: N/A
Retiring
Additional Info
The deal shall include inventory valued at $75,000, which is included in the requested price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people decide to sell operating businesses. Nevertheless, the real reason vs the one they tell you may be 2 completely different things. As an example, they might claim "I have too many other commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may simply be justifications to attempt to conceal the reality of altering demographics, increased competitors, current decrease in profits, or a variety of other reasons. This is why it is extremely essential that you not count completely on a seller's word, however instead, utilize the seller's solution together with your total due diligence. This will paint an extra realistic image of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies borrow money so as to cover items like supplies, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that earnings margins are too small. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be fulfilled or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new clients? Most times, operating businesses have repeat clients, which develop the core of their everyday revenues. Particular factors such as new competition sprouting up around the location, roadway construction, as well as personnel turnover can influence repeat customers and adversely affect future earnings. One essential thing to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the greater the opportunity to construct a returning consumer base. A last idea is the general location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the neighborhood typical house earnings impact future revenue potential?
