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Formal And Quinceanera Wear BoutiqueA In Harris County For Sale

Harris County, Texas, US
Asking Price:
$44,000 Furniture / Fixtures included
Sales Revenue:
$155,000
Cash Flow:
$44,291

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-347808

This successful boutique shop is a haven for brides and Quinceañera seeking the perfect attire for their unforgettable day. It offers a curated collection of gowns and dresses from top designers around the world. The boutique was founded in November 2021, inspired by a conversation about the concept of “made just for me.” Nestled in the heart of West Houston, the boutique shop specializes in offering an exquisite selection of Formal wear, Quinceañera dresses, and accessories that blend classic elegance with contemporary flair. The elegant wear collection features everything from romantic ballgowns to sleek, modern silhouettes, all crafted with luxurious fabrics and intricate details. For Quinceañera, the company provides an enchanting array of stunning dresses and colors that capture the essence of youth and grace, ensuring a magical experience for every young woman stepping into her Quinceañera.

The asking price includes $20,000 in leasehold improvements and $7,000 in displays, racks and design consultation area. Approximately $45,000-$50,000 of Saleable Inventory is not included in the sales price. The Seller is offering up to $35,000 in seller financing. (Terms to be discussed)

The owner is motivated to sell due to a family relocation out of state and will provide two weeks in person and one week consultation via phone to ensure a smooth transition.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $2,600.00

Square Units (Foot, Meter): 1,100

Lease Expiration Date: May 30, 2027, 10:00:00 PM

Terms Options: two 5 years terms upon expiry of the current term

Location:

Facilities: StripCenter - Freeway facing with ample parking

Premises Details:

FF&E Overview: POS system with counter, mannequin and fixtures, customer lounge area with furniture, gowns fitting room, cameras with security system, front business sign, elegant business logo, and upgraded flooring.

FF&E General Condition: Excellent condition

Business Operation

Expansion Potential:

With their prime location, trendy, affordable, and designer brands have driven success so far. The referrals come from satisfied customers and word of mouth. There is room to explore expanding the business, be it through additional services such as on-site alteration, popular gifts, dress rentals for pre event photoshoots, embroidery articles for keepsakes, and men’s formal wear sale/rental. A stronger community based marketing and online portal with purchases can fuel business growth.
Business was established in 2021. Revenues in 2022 and 2023 were $95,000 and $130,000, respectively. Executing business and sales expansion plan for next three years. Sales in 2024 are estimated to reach $155,000. Upon execution of the 3 years business growth plan, sales(revenue) and sellers’ discretionary income(SDE) are expected to grow by 40%-50%. Expanding the delivery area along with advertising could boost the top and bottom line.

Competition / Market:

This elegant boutique is fully equipped with elegant flooring, decors, modern fixtures and furnishings, allowing you to hit the ground running from day one. It also comes with wide variety of quinceañera, and formal wear inventory for customers. This location is popular with out of town residents for making their key celebrations. No need to invest extra time and capital in setting up – it has all been expertly managed for you.

Reasons for selling:

Relocation due to spouse

Trading hours:

Monday-Friday: 11 am-7pm; Saturday:11am-7pm; Sunday Closed

Employees:
1
Years established:
2021

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 3

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

Owner Terms:$35,000.00 Interest:6% Term Months:36

Furniture / Fixtures value:
$7,000 - included in the asking price
Inventory / Stock value:
$50,000
Relocatable:
This business can be relocated.