High-End Fashion Boutique in the heart of Chicago since 1981.

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Fashion Boutique for Sale
Asking Price:
$195,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

A unique opportunity to purchase an iconic, High Fashion boutique, known for its distinctive clothing and accessories, sourced from Coast to Coast! Its inventory is classic but with a youthful vibe and includes Jewelry and gift items for its discerning clientele.This "go-to" boutique has a wide, loyal clientele with more than 20,000 Facebook followers, approximately 1500 Instagram followers and a 2300 EMAIL list.Affordable price points from $50-$300 and some leather jackets to $500..Clothing groups: dresses ,sweaters,pants,tops,suits, both dressy and casual. Also, chic handbags. Gift items include jewelry,scarves,gloves and candles.Inventory varies with the seasons.ok..

About the Business

Year Established:
1981
Number of Employees:
2
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,382
Rent:
$7,500.00 Per Month
Lease Expiration:
9/30/2021
Facilities:
Storefront faces East..Bright and sunny with tall picture windows..wood floors..Charming ambiance. Beautifully appointed. Clothing and gift items tastefully displayed. Dressing room. Powder room. Basement for storage. LOTS of foot traffic and close to luxury high-rises and public transportation.
Market Outlook/
Competition:
There are other boutiques in the area but none as established as this business.It already has second generation shoppers.Seller has wonderful taste.She will provide lists of her vendors and advice for buying trips. There is room for a more energetic online and advertising presence to take it to the next level!
Growth & Expansion:
New, luxury residential buildings being built in the immediate area with a potential for adding high-end clientele shoppers.
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About the Sale

Reason For Selling:
Career change to Family business
Training/Support:
Seller will remain for 30 days or as needed to train..Current employees, 1FT, 1PT, would like to stay beyond the sale.
Seller Financing:
Partial seller financing..negotiable!

Listing Info

ID:
1588790
Ad Detail Views:
0

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Business Listed by

Diane Freeman

The Sterling Business Brokerage Group

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