You know the appeal for ladies to look their fashionable best. This extraordinary boutique helps Upstate ladies be on the cutting edge of fashion and beautiful outfits whether for a day out, or a night on the town. Your boutique is catering to some of Carolina's finest ladies and their finest fashion sense. Generating over $1.3M annual revenues and $100,000 in Seller’s Discretionary Earnings (SDE). You're acquiring a proven gem of a business. Price includes +-$250,000 of quality clothing and accessories inventory.
- Asking Price:
- $448,773 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,187,148
- Cash Flow:
- $102,624
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $5,845.00
Square Units (Foot, Meter): 2,500
Lease Expiration Date: June 29, 2025, 9:00:00 PM
Terms Options: 1-3YR Option thru June 2028
- Location:
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Facilities: Main Shopping area in downtown with excellent visibility and branding. The beautiful storefront draws in customers, and provides plenty of window shopping and display area.
- Premises Details:
-
FF&E Overview: From the signage and store fixturing on the exterior, to the window, displays, abundant clothing racks, floor displays, POS computer and printer, POS station, security system, shipping and wrapping tables in the storeroom, you are fully equipped to continue the legacy.
FF&E General Condition: Beautiful facility, high-end cash wrap, juice, bar, displays, seating, area, dressing, rooms, etc. all remodeled in 2021 means you're gaining a storefront with a beautiful finish that appears to all types of shoppers.
Business Operation
- Expansion Potential:
-
So what are the ways to keep your foot on the growth opportunities for the boutique? Here are just a few initiatives you can take to drive sales further. Engaging influencer marketing means more reach in the digital age of marketing. Increasing in-store event opportunities drives more foot traffic into the location. Tapping into community events as a participant or sponsor increase your exposure as tourism in the area grows. And Sunday is as big a shopping day in Greenville as Saturday, so consider adding another days operation if you please.
- Competition / Market:
-
One of the best features is the fact that the business enjoys key exclusives from the brands you'll offer. Protected territory means you've locked out any local competitors from offering many of these lines. Online shopping does exist for some of these products, in fact 20% of the businesses individual revenue comes from online shopping under the businesses brand name and website. Many of the shoppers of course prefer to come in, have a beverage from the juice bar, browse the latest styles and try them on for size. That's where your brick and mortar spot really shines. It's all in the experience!
- Reasons for selling:
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Other career opportunities
- Trading hours:
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Mon - Sat 10:00-5:00
- Employees:
- 5
- Years established:
- 2000
Other Information
- Support & training:
-
# of Weeks Seller Will Offer Training: 2
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Terms:$139,773.00 Interest:10% Term Months:60 Monthly Payment:$2,969.73
- Furniture / Fixtures value:
- $5,783 - included in the asking price
- Inventory / Stock value:
- $251,000 - included in the asking price
