Asking Price: $79,995 Gross Revenue: $284,484Cash Flow: $45,785 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $25,400 included in asking priceFF&E: $7,650 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Great opportunity to own an established and turnkey consignment boutique. The business has been established for 8 years and is located in a prime location in Fairfax County. The boutique model is centered around offering high quality new and like new women’s clothing with many brands in the store from well-known labels and designers. The business is surrounded by a number of other high end stores, restaurants, and other small businesses making it an ideal shopping destination.
Over the years, the owner has worked diligently to build the business into a well-run operation. The shop has a strong presence in the community with the owner involved with a number of charities and local non-profit groups. The business is situated in a growing and affluent market with favorable demographics for a boutique consignment operation. There are 3 years remaining on the lease so the next owner can confidently hit the ground running and start enjoying immediate success. Over $25K in store owned inventory and approximately $95K in ticketed merchandise will convey with the sale to the next owner.
This is the perfect opportunity for an entrepreneur or someone in the retail industry looking to launch their own business without the headaches and time associated with starting from scratch. The consignment model is tried and true with low overhead costs and tremendous upside potential. The owner and founder has enjoyed running the business, but is looking for a change of pace so this is a perfect opportunity to take over a well-known business with all inventory included in the sale price!
About the Business
Number of Employees:
Building Sq. Ft.:
$4,648.00 Per Month
The business is ideally situated in a bustling shopping district on a key thoroughfare alongside numerous other retail establishments. There is excellent street visibility as well as significant foot traffic.
Award Winning Consignment Boutique in a Prime Location!
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