Business Overview

Are you looking to own your own Women’s Boutique?

This Amazing Women’s Clothing and Accessories Boutique is a great opportunity.

With a growing community around the store including the completion of a large multifamily residential complex, the customer base will only grow. The store has recently been spotlighted on the local news channel, Won the County’s Best Women’s Clothing 2021.

The store has a relaxing and inviting atmosphere, a customer focused team and private label products. We know you will fall in love! The seller’s are motivated to help another person who loves clothing and the community to take over. The sellers would consider other options outside of a full purchase of the business with a qualified person. Do not wait this opportunity will not last long.

Financial

  • Asking Price: $290,000
  • Cash Flow: $93,522
  • Gross Revenue: $292,210
  • EBITDA: N/A
  • FF&E: $23,000
  • Inventory: $20,000
  • Inventory Included: Yes
  • Established: 2020

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,308
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is a leased location of 1,308 square feet with a Total Rent of $3,379. Lease ends 9/2023 with a one 5 year lease option. Seller is active in the business with 2 PT employees. Hours of operation are M-F: 10 AM - 6 PM, Sat: 10 AM - 5 PM. $20,000 in Inventory and $23,000 in FF&E included in Asking Price. $123,000 made in Leasehold Improvements.

Is Support & Training Included:

One (1) Week

Purpose For Selling:

To move closer to family.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was founded in 2020, making the business 2 years old.
The deal shall include inventory valued at $20,000, which is included in the requested price.

The company has 2 employees and is located in a building with estimated square footage of 1,308 sq ft.
The property is leased by the business for $3,379 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell companies. However, the genuine reason vs the one they say to you might be 2 absolutely different things. As an example, they may claim "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may simply be justifications to attempt to hide the reality of changing demographics, increased competition, current decrease in profits, or an array of various other reasons. This is why it is extremely important that you not rely totally on a seller's word, but instead, make use of the seller's response along with your overall due diligence. This will repaint a more realistic picture of the business's current situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies take out loans with the purpose of covering points such as inventory, payroll, accounts payable, etc. Keep in mind that sometimes this can indicate that revenue margins are too small. Numerous businesses fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that should be met or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area draw in brand-new consumers? Often times, companies have repeat customers, which form the core of their day-to-day revenues. Certain factors such as brand-new competition sprouting up around the area, road building and construction, as well as personnel turn over can affect repeat customers and adversely impact future earnings. One vital thing to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the higher the opportunity to build a returning consumer base. A last idea is the general location demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Exactly how might the neighborhood average household earnings effect future revenue prospects?