Profitable and charming retail boutique. Women's clothing, jewelry and accessories. Established 14 years. One-of-a-kind location in the heart of a historic waterfront downtown. Long term affordable lease. Owner focuses on purchasing and back office administration while an experienced staff of salespeople work the store. This is a very rare opportunity!
- Asking Price:
- $399,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $546,949
- Cash Flow:
- $153,159
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
1,100 sq ft for $4,750/mo. Expires 01/01/2030
- Location:
-
One-of-a-kind location in the heart of a historic waterfront downtown.
- Size in square feet:
- 1,100
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Focus on Other Business
- Trading hours:
-
10:00 am - 6:00 pm Monday - Saturday; 12:00 pm - 5:00 pm Sunday
- Employees:
- 3
- Years established:
- 14
Other Information
- Support & training:
-
The current owner is willing to stay on for up to 2 weeks to facilitate a smooth transition.
- Financing available:
-
SBA Lender Pre-Qualified; $408,200, 9.5% interest, 120 mos
- Furniture / Fixtures value:
- $15,000 - included in the asking price
- Inventory / Stock value:
- $65,000 - included in the asking price
