Popular Women’s Clothing and Accessory Boutique

FINANCIAL INFORMATION
  • Asking Price: $395,000
  • EBITDA:
  • Gross Revenue: $850,000
  • Cash Flow: $147,000
  • FF & E: $10,000
  • Inventory: $100,000
  • Financing: N
BUSINESS LOCATION

Atlanta, GA

DESCRIPTION

This is a unique opportunity to acquire a very popular, well established, and profitable women’s clothing and accessory boutique. Located in a highly trafficked area, popular with tourists, the owner is ready to retire and pass the torch to a new owner with passion and vision to carry on the tradition. The owner currently works approximately 20 hours per week and has a manager that has been there for 27 years. There are also 4 PT and 2 seasonal employees. Eighty percent (80%) of the revenues are from clothing with twenty percent (20%) coming from accessories. There are quite a few protected brands that offer a competitive advantage. Currently the business operates Tuesday through Sunday and is closed on Monday. The location is a leased 1,750 sq. ft. space with a base monthly rent of $7,000.00 per month. The current lease expires in August of 2025. The seller is willing to finance up to 50% of the purchase price.

REASON FOR SALE

Retirement

FACILITIES

The business operates from a leased 1,750 sq. ft. space with monthly rent of $7,000.00 and expires in August 2025.

Details

  • Home Based: No
  • Franchise: No
  • Distressed: No
  • Relocatable: No
  • Year Established: 1995
  • Year Acquired: 1996
  • Willing To Train: Seller is willing to train to ensure a smooth transition
  • Real State Available: No
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Is Management Staying: Yes
  • Days Open: Tues. – Sun.
  • Hours Open: 11 - 7
  • Full Time Employees: 1
  • Part Time Employees: 4
  • Building Size: 1,750 sq. ft.
  • Listing Id: SA1703

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