DESCRIPTION
This is a unique opportunity to acquire a long established, highly regarded, Award Winning Boutique with annual earnings in excess of $300,000.00. Many of the offerings are well recognized Brands with territorial protection. There is a fantastic manager in place along with a well- trained and highly professional staff. The revenue mix is approximately 55% Gifts, 27% Apparel, and 18% Jewelry. A new owner will have the ability to reap the benefits of the upcoming Holiday Season.
INVESTMENT HIGHLIGHTS:
- This Boutique has won numerous awards for its outstanding service & selection.
- There are 10,000+ contacts in their database with a 50% open rate in Constant Contact.
- The offerings include many well- known Brands with territorial protection.
GROWTH OPPORTUNITIES:
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Everything is in place to open additional locations.
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Conducting more in-store events would generate additional revenues.
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The addition of online shopping would drive up annual revenues. The Shopify site is set up.
REASON FOR SALE
The Seller wishes to retire, and will train and transition a new owner.
FACILITIES
The business operates from a leased 3,700 sq. ft. space with a monthly rent of $6,210.00.
Details
- Home Based: No
- Franchise: No
- Distressed: No
- Relocatable: No
- Year Established: 1989
- Year Acquired: 1989
- Willing To Train: Seller is willing to train new owner for a smooth transition.
- Real State Available: No
- Is Property Leased: Yes
- Real Estate Included: No
- Is Management Staying: No
- Days Open: Monday - Sunday
- Hours Open: 10:00 am – 6:30 pm
- Full Time Employees: 2
- Part Time Employees: 7
- Building Size: 3700 Sq. Ft.
- Listing Id: SA1605
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