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Popular Clothing Boutique In Crossville Tennessee For Sale

Crossville, Tennessee, US
Asking Price:
$99,000 Furniture / Fixtures included
Sales Revenue:
$432,975
Cash Flow:
$42,604

A popular women's clothing and accessory boutique in a small retail mall adjacent to a top-rated golf vacation resort located in a growing city with the most golf courses in the state of Tennessee. The community also serves as a highly desirable retirement and second home destination, with many other outdoor activities and lakes and rivers located 1 hour west of Knoxville and 1.5 hours east of Nashville, with easy access off of I-40. Only a handful of other clothing retailers are in the immediate vicinity. Real estate within the mall is owned and is available for purchase as well for $239,000. Inventory is acquired 6 months in advance, so there is plenty on hand to operate from day one. The cost of inventory is to be determined at the time of the close of the transaction, as the cost is dependent on what remains in stock at that time. Don't pass up this rare opportunity to own a thriving business at the best location in town!

Property Information

Real Estate:

Lease

Lease Terms:

Square Footage: 2,200
Monthly Rent: $2,530

Business Operation

Expansion Potential:

Tremendous potential to increase sales by adding online shopping to existing website as by
advertising locally.

Competition / Market:

Very little, especially within the resort itself.

Reasons for selling:

Other business ventures.

Trading hours:

Mon-Fri 10-5 PM; Sat. 10-3 PM

Employees:
4
Years established:
2016

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$13,600 - included in the asking price
Inventory / Stock value:
$200,000