This is a unique opportunity to acquire a very popular, well established, and profitable women’s clothing and accessory boutique. Located in a highly trafficked area, popular with tourists, the owner is ready to retire and pass the torch to a new owner with passion and vision to carry on the tradition. The owner currently works approximately 20 hours per week and has a manager that has been there for 27 years. There are also 4 PT and 2 seasonal employees. Eighty percent (80%) of the revenues are from clothing with twenty percent (20%) coming from accessories. There are quite a few protected brands that offer a competitive advantage. Currently the business operates Tuesday through Sunday and is closed on Monday. The location is a leased 1,750 sq. ft. space with a base monthly rent of $7,000.00 per month. The current lease expires in August of 2025.
Financial Information
$395,000
Asking Price
$147,000
Cash Flow
$850,000
Gross Revenue
Business Location
City:
Atlanta
State:Georgia
Reason for Sale
Retirement
Detailed information
Year Established:1995
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:4
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
$100,000
Monthly Rent:
$7,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1750
FF&E Included?: No
Training/Support
Seller is willing to train to ensure a smooth transition
Facilities
The location is a leased 1,750 sq. ft. space with a base monthly rent of $7,000.00 per month. The current lease expires in August of 2025.