Popular Women’s Clothing and Accessory Boutique

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.

FINANCIAL INFORMATION

  • $395,000 Asking Price
  • $178,152 Cash Flow
  • $820,575 Gross Revenue
  • $10,000 FF & E
  • $100,000 Inventory
  • yes, up to 50% of purchase price Financing

REASON FOR SALE

Retirement

TOP FACILITIES

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

Detailed information

  • 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

Contact US

BUSINESS LOCATION

Atlanta, GA

Listing ID: SA1703

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