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This Business has been Sold!
Closing Date: 05/03/2023
Broker: Jim Aloi
Business for Sale Summary

Absentee-Run Boutique Shop for sale in NY - 35336

Business Type: absentee business,agents/brokers,gift and specialty retail,jewelry store,owner financing available,apparel and accessory store
Sold
Absentee-Run Boutique Shop for sale in NY
On May 3rd 2023, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $200,000
Gross Revenues $866,371 Lease Remaining Register Free to View
Owner’s Cash Flow $146,900 Number of FT Employees Register Free to View

Financing

$200,000 Down and TBD

Business Description

Beautiful & Growing Long Island Apparel and Accessory Store. Super location good lease with walking traffic. They have been open over 2 years and getting busier everyday. This store sells clothing,shoes,jewelry and other store sales including a huge 2nd floor, a basement area and large inventory. Super location with great lease. Buyer can add children's gowns & clothing. This boutique store is over 3000 square feet and has over $325,000 in inventory and furnishings included in price. Seller runs store absentee note these photos are not actual store images- come and see for yourself. Call Jim Aloi 631-375-4100 today.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.