2 Location Established Women's Boutique

Asking Price$200,000

Cash Flow
$76,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$550,000

Inventory$285,000
Not included in asking price
FF&E$100,000
Included in asking price
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2 Location Established Women's Boutique


Asking Price$200,000

Cash Flow
$76,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$550,000

Inventory$285,000
Not included in asking price
FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
We are a women's owned boutique specializing in mid priced women's fashion and home decor. A recently opened expansion houses a wide assortment of Western wear including women's hats, boots, belts and jewelry. Both stores are well known in the community with a dedicated following. This is your chance to own two locations. Get into the women's fashion and gift industry. All the hard work has been done. Both stores have been renovated with almost $150,000 invested between the two locations. It would almost cost you the asking price to just open up something similiar but without the years of customer followers, zip code protected vendors, operating systems, employees and cash flow.
About the Business
Years in Operation
4
Employees
7 (7 Full-time)
Semi Absentee Owner. Manager on site to end of year. Other employees availabl
Facilities & Assets
Inspired Wings has two locations. One located in Keller Texas. 2,500 sq ft ($4,500 / month). The other is located in Grapevine Texas 4,000 sq ft and $6,000 month rent. Both have been renovated within the past 5 years. Grapevine location has new flooring, ceiling, lights, fans, sound, etc. Both have new displays, racks, lighting etc. All iPads, shopify registers and everything necessary to operate the business is included. There are also $15,000 worth of consumer shopping bags which will last a year. Price is $200,000 plus inventory.
Website
www.inspiredwingsfashion.com
Market Outlook / Competition
Owner has been semi absent for almost 2 years due to new born children and marriage. She has decided to stay home with the kids. Grapevine Texas is the Christmas Capital of Texas and hosts 2 major festivals each year along with a number of smaller events. The Christmas season is special with a number of parades, lighting events, drone shows etc all bringing thousands of residents downtown. A major hotel opened in the past 3 years with plans for a major expansion. At the Keller location, the city has announced plans for a major as well.
Opportunities for Growth
Owner started with 1 store and quickly grew to 3 locations and expanded one location. After 2 kids and building a house, she down sized from 3 to 2. The signage still exists and additional locations are still available even at the prior mall. Both metropolitan areas are fast growing DFW locations with major expansion taking place in the respective cities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,500
Rent
$10,500.00 per month
About the Sale
Seller Motivation
Owner has a 2 year old and a new born and wants to stay home with her kids.
Transition Support
Owner is willing to spend 30 days with new buyer to train them, take them to market, introduce them to vendors and teach them the process.
Financing Options
Seller Financing potentially considered for a portion of the price.
Listing Info
ID
2420401
Listing Views
24

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Business Listed by: James Malone

Listing ID: 2420401 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. See our full Terms of Use. Learn how to avoid scams.