Athens Most Exclusive Fashion Forward Women’s Apparel Boutique

FINANCIAL INFORMATION
  • Asking Price: $450,000.00
  • EBITDA:
  • Gross Revenue: $1,370,800.00
  • Cash Flow: $202,220.00 - Year 2019
  • FF & E: $30,000.00
  • Inventory: $140,000.00
  • Financing: No
BUSINESS LOCATION

Athens, Georgia

DESCRIPTION

This is an excellent opportunity to acquire a well- established, highly regarded, and very profitable women’s boutique located in Athens, Georgia. The owner is ready to retire, and is willing to train and transition a new owner. The shop offers many exclusive and one of a kind labels that women of all ages love. The owner shops in N.Y. fashion houses, and has several exclusive lines. Many clients often say the shop in like a fashion forward New York boutique located in Georgia.
 
It is important to note that Covid had a significant impact on this business in 2020. This year’s numbers are indicating that business is back to normal. Through April of this year the SDE is $112,518.00.
 
 INVESTMENT HIGHLIGHTS: 
  • Consistently has net income in excess of $200,000+ per year.
  • The data base includes 1,400 clients with 200 regular clients.
  • There is a highly trained and very professional team in place. 
GROWTH OPPORTUNITES: 
  • All of the pieces are in place to open up additional locations.
  • A new owner could increase the number of on and off premise events.
  • The shop is currently open Tuesday through Saturday from 11 AM until 4 PM.

REASON FOR SALE

Retirement.

FACILITIES

The facility is 3, 592 sq. ft. and the monthly rent is $4,015.00.

Details

  • Home Based: No
  • Franchise: No
  • Distressed: No
  • Relocatable: No
  • Year Established: 2004
  • Year Acquired: 2004
  • Willing To Train: Yes
  • Real State Available: No
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Is Management Staying: No
  • Days Open: Tuesday thru Saturday
  • Hours Open: 11 AM – 4 PM
  • Full Time Employees: 1
  • Part Time Employees: 5
  • Building Size: 3952 Sq. Ft.
  • Listing Id: SA1567

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