Fashion Boutique in Prime Area - 36239 Business Type: gift and specialty retail,misc. retail/non-classifiable,other personal services,owner financing available,wedding gowns/accessories,apparel and accessory store
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $175,000 | Down Payment | $125,000 |
Gross Revenues | $431,107 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $109,200 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and $50K over 3 yrs @ 7%..
Business Description
Fashion Boutique in Prime Location. Price Reduced! Established 40 years ago, 10 years with the current owners, this is the go-to store for women and junior’s clothing, specializing in Prom dresses and formal attire.
The store is a beautifully appointed 1200 sf with a full 1200 sf basement. The owners have built a fantastic name and reputation and are only selling due to a recent pregnancy.
In the past 12 months the business has grossed $431,107 with an owner’s cash flow of approx. $109,200. In addition to the owners, there are 2 PT employees.
The sale price includes approx. $50K in inventory. There are 3 years left on the current lease @ $3,700/mth, but this can be extended for a well-qualified buyer.
This is a steal for a full-time owner-operator who bring the same care and passion to the business that the current owners have.
We are seeking a serious and financially qualified buyer with at least $125K in liquid funds. The sale price includes approx. $50K in inventory! Proof of funds will be requested prior to meeting with the owner.
To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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