Reduced Upscale Ladies Boutique
Location: North Carolina > Wake County
Industry: Clothing and Fashion > Other Clothing and Fashion
Financials
Asking Price: $195,000
Inventory: $100,000 (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Seller Financing: available and can be arranged for qualified buyer
Business Summary
This stylish boutique was established in 2002. It has been in the hands of the current owner since 2004. Over the past 5 years the business has built its sterling reputation and repeat customer base on quality products and outstanding service.This Boutique is located is upscale shopping center surrounded by residential developments and just proposed one of the biggest shopping destinations in Wake county. There are also great upscale restaurants and businesses that complement the boutique and drive business to the store. Located minutes from greatest golf course in North Carolina and top notch schools and colleges the state has to offer. Also short distance from biking, and walking trails it is truly not only a great business, but a lifestyle which the new owner will enjoy every day. You will be buying an established Ladies Store that has gives years of profit and enjoyment to the current owner. The business was purchased by the current owner in 2004 and since then it has been growing. The business has been listed for sale because the owner is starting a family and is unable to continue the business operations, but instead wants to focus all the time on the family. The owner is very motivated and wants to sell quickly so bring all reasonable offers and they will be considered. This is already established business with a proven track record, so it eliminates you the difficult start up phase. The owner will be there to help you as well as will be available on consulting basis. This is however an easy to run business and the transition will be easy and smooth for the new owner.
About the Business
Year Established: 2002
Employees: 1 full time - 2 part time
Facilities: Great selection of women s clothing. The owner will also include all furnishings which are beautiful and add high end appeal to the boutique. Included also all racks and shelves. Every thing looks great and it s ready for the new owner to take over. Plenty of parking spaces right in front of the store, so clients don t have to walk far. The boutique is in a leased 1425 sqft location, total lease including fees is around $2,600 and current until Aug 2009.
Market Outlook and Competition: This business is located in a great location, Surrounded by great restaurants and complementary businesses in the area that drive customers to the store. There is also plenty of parking for customers. The boutique has a lot of repeat business with loyal customers whom have been shopping there for years. A shopping center will be build near buy and will increase traffic and sales for the owner. There are a lot of people moving into the area as this is one of the most desirable areas in the state not only for work but for quality of life. With gas prices on the rise customers stopping by are more incline to make a purchase and with the nearest competition miles apart this store is positioned for growth, and increased revenue.
About the Sale
Management Training and Support: Seller will spend whatever time and effort is necessary to insure a seamless transition, as well as will be available on consulting basis.
Reason For Selling: starting a family

List Your Business for Sale | This listing has been viewed 256 times

advertisement
Listing Tools
BizQuest ID:909764
Business Listed By
Name:Rod
Company:GlobalConnection Business brokers
Recommended Resources
Sponsored Links
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.