Successful Women's Clothing Store in the Old Port
Business Description
DREAM JOB!!
Have you dreamed of owning your own shop? Opportunity awaits! The hardest steps of starting a business are complete and this turnkey business is ready for you.
Successful Women's Clothing Store in the Old Port
This thriving women's clothing boutique represents an exceptional opportunity in Portland's premier retail destination. Located on Exchange Street in the historic Old Port district, the store benefits from 32 million annual pedestrian visits in one of Maine's most heavily trafficked shopping areas.
Business Overview:
Established in 2023, this profitable boutique has quickly built a loyal customer base through its curated selection of exclusive brands and local artisan products. The 2,000 square foot space features an elevated aesthetic which we created by hand consisting of exposed brick, barn board, and barn beams that customers consistently praise and compliment the vibe.
Financial Highlights:
- Asking Price: $775,000 (includes $350,000 inventory & furniture)
- Monthly Lease: $9,800
- Lease Term: Through April 2027
- Profitable operations since opening
Competitive Advantages:
- Exclusive brand partnerships unavailable elsewhere in the market
- Only one of two stores serving this specific price point and customer demographic
- Strong local customer loyalty and appreciation
- Prime location in Portland's central retail hub
Growth Opportunities:
Significant expansion potential exists through:
- Increased inventory levels
- New product categories (footwear frequently requested by customers)
- E-commerce platform development
- Enhanced marketing initiatives
The current owners live three hours away. They offer comprehensive training and support for up to one year post-sale, ensuring smooth transition and continued success.
This turnkey operation combines immediate profitability with substantial growth potential in one of New England's most desirable retail markets. Creative financing options are available for qualified buyers.
Ideal for an entrepreneur seeking an established, profitable retail business in a prime tourist and local shopping destination. Ready to make it your own with your own new business name as name is not included (reason for asking price below valuation!).
Have you dreamed of owning your own shop? Opportunity awaits! The hardest steps of starting a business are complete and this turnkey business is ready for you.
Successful Women's Clothing Store in the Old Port
This thriving women's clothing boutique represents an exceptional opportunity in Portland's premier retail destination. Located on Exchange Street in the historic Old Port district, the store benefits from 32 million annual pedestrian visits in one of Maine's most heavily trafficked shopping areas.
Business Overview:
Established in 2023, this profitable boutique has quickly built a loyal customer base through its curated selection of exclusive brands and local artisan products. The 2,000 square foot space features an elevated aesthetic which we created by hand consisting of exposed brick, barn board, and barn beams that customers consistently praise and compliment the vibe.
Financial Highlights:
- Asking Price: $775,000 (includes $350,000 inventory & furniture)
- Monthly Lease: $9,800
- Lease Term: Through April 2027
- Profitable operations since opening
Competitive Advantages:
- Exclusive brand partnerships unavailable elsewhere in the market
- Only one of two stores serving this specific price point and customer demographic
- Strong local customer loyalty and appreciation
- Prime location in Portland's central retail hub
Growth Opportunities:
Significant expansion potential exists through:
- Increased inventory levels
- New product categories (footwear frequently requested by customers)
- E-commerce platform development
- Enhanced marketing initiatives
The current owners live three hours away. They offer comprehensive training and support for up to one year post-sale, ensuring smooth transition and continued success.
This turnkey operation combines immediate profitability with substantial growth potential in one of New England's most desirable retail markets. Creative financing options are available for qualified buyers.
Ideal for an entrepreneur seeking an established, profitable retail business in a prime tourist and local shopping destination. Ready to make it your own with your own new business name as name is not included (reason for asking price below valuation!).
About the Business
- Years in Operation
- 3
- Employees
- 5 (1 Full-time, 4 Part-time)
Additional Seasonal Employees - Facilities & Assets
- Sale includes all furniture, fixtures, equipment and inventory. The name of business is not included with the sale and is ready for you to create your own!
- Website
- https://bellafunkboutique.com/
- Market Outlook / Competition
- Exchange Street is one of the most heavily trafficked pedestrian areas in Portland, Maine, serving as a central retail and dining hub for the historic Old Port district and attracting 32 million annual pedestrian visits. While there is competition, we are only one of two with our assortment of price points and customers (locals especially) are so thankful that we're there.
- Opportunities for Growth
- There is much room for growth whether it be increasing inventory levels, adding new categories (like footwear- customers ask all the time!!) or creating an online marketplace.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $9,800.00 per month
About the Sale
- Seller Motivation
- We live 3 hours away and the commute is too challenging.
- Transition Support
- We will offer support and training for up to one year; eager to help the new owner own and operate this thriving business!
- Financing Options
- We're open to creative financing ideas!
Listing Info
- ID
- 2505791
- Listing Views
Business Location
Listing ID: 2505791 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.
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