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Fashion Boutique In Prime Area For Sale

New York, US
Asking Price:
$175,000 Inventory / Stock included
Sales Revenue:
$431,107
Cash Flow:
$109,200

LISTING ID # 36239

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. All site visits must be discreet.

Business Operation

Reasons for selling:

Pregnancy

Employees:
2 FT/2 PT
Years established:
10

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

125,000.00 Down & $50K over 3 yrs @ 7%

Furniture / Fixtures value:
$10,000
Inventory / Stock value:
$50,000 - included in the asking price