Highly Profitable Women's Fashion/Accessories Boutique. Nashville.

Sale Pending

Asking Price$2,238,000

Cash Flow
$754,635
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,076,297

Inventory$250,000
Not included in asking price
FF&E$40,000
Included in asking price
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Highly Profitable Women's Fashion/Accessories Boutique. Nashville.


Sale Pending

Asking Price$2,238,000

Cash Flow
$754,635
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,076,297

Inventory$250,000
Not included in asking price
FF&E$40,000
Included in asking price
Business Description
Established Nashville Area clothing and accessory fashion boutique generating cash flow of ~ $880,000+ over a 3 year period. Well-staffed solid team with several managing leaders, stylists, and inventory/back-office support members. Fantastic location in Nashville's hottest neighborhood. Fun, community-oriented, feel-good business. Established local clientele. Attracts tourists as well. Nashville remains one of the fastest growing cities in the nation. The owners will provide training and transition to a new owner. Perfect for a strategic buyer seeking to expand their business or to get a foot in the door to Nashville. The current owners have been scaling back involvement in recent years.
About the Business
Employees
13
Facilities & Assets
Fantastic location in top neighborhood. The facility is in "like new" condition and is very inviting/stylish. The floorplan is spacious, open, and well-lit featuring a variety of display options for the clothing, shoes, jewelry, hats, and other accessories. The shop carries a variety of well-known high end and casual designers. There is something for everyone in this popular boutique. Multiple parking options including street parking, lots and parking garages. FF&E at acquisition cost ~$400,000+. Est. market value of FF&E ~$40,000.
Market Outlook / Competition
The business is in a prime location. Additionally, the business brand is well known as being a top, higher end, designer destination, carrying a wide variety of top brands. Many brands are area exclusive to this Company. Tourists and other Middle TN shoppers frequent this shopping area when looking for a fun place to eat, shop and feel that sense of local hospitality. There are other shops in the area with the usual competition.
Opportunities for Growth
This can be discussed with the owners.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,600
Rent
$6,666.67 per month
Lease Expiration
1/1/2030
About the Sale
Seller Motivation
Retirement and Travel
Transition Support
The Broker's Confidential Information Memorandum is very detailed. We anticipate that a great deal of "learning" will take place during due diligence between a Letter of Intent signing and closing. The Seller will additionally provide a reasonable training (~ 2 months). Note that there is experienced management/staff in place.
Financing Options
Possible Limited Seller Financing to qualified buyers at Seller's discretion.
Listing Info
ID
2263497
Listing Views
3830

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Business Listed by: Karen Schorkopf TN Business Brokers Group, LLC

Listing ID: 2263497 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.