Turnkey Michigan Resort Town Boutique - Consistent Profitability

Asking Price$189,500

Cash Flow
$126,180
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$590,863

Inventory$80,000
Not included in asking price
FF&E$24,427
Included in asking price
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Turnkey Michigan Resort Town Boutique - Consistent Profitability


Asking Price$189,500

Cash Flow
$126,180
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$590,863

Inventory$80,000
Not included in asking price
FF&E$24,427
Included in asking price
Business Description
Nestled in the heart of Michigan's year-round tourist region on beautiful Lake Charlevoix, this thriving boutique offers a perfect blend of style and practicality. Established in 2008 and beloved by both locals and visitors for nearly two decades, this boutique has built an impeccable reputation through its thoughtfully curated selection of women’s clothing and accessories, home decor, and unique gifts that capture the essence of lakeside living. It's proximity to Boyne Mountain Resort's 6.5 million annual visitors contributes to the stores all season success.
With attractive annual revenues and impressive seller's discretionary earnings, this turnkey operation demonstrates consistent profitability in a prime location. The store has become an integral part of the community fabric, with strong local connections and a loyal customer base that returns season after season. A robust downtown business community and well established main street and local events keep the business and community thriving regardless the time of year.
This rare opportunity allows a new owner to step into a well-established business with proven systems, vendor relationships, and a dedicated staff. The store's strategic merchandise mix appeals to both practical needs and decorative desires – offering vacation essentials alongside distinctive home accent pieces that visitors treasure as reminders of their Michigan getaway.
Perfect for an entrepreneur seeking work-life balance in a picturesque resort community, this boutique offers the ideal combination of lifestyle business and solid investment. Don't miss this chance to own a cornerstone retail establishment in one of Michigan's most charming lake destinations.
About the Business
Years in Operation
17
Employees
3
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$18,500.00 per month
Lease Expiration
12/30/2025
About the Sale
Seller Motivation
Retirement
Transition Support
4 week
Listing Info
ID
2396366
Listing Views
386

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Business Listed by: Drew McLean Transworld Business Advisors of Grand Rapids | Lansing

Listing ID: 2396366 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.