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Business for Sale Summary

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
Owner Financing
Fashion Boutique in Prime Area
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This business has received 24 indications of interest - Act Quickly!

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.

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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.