Unique Consignment Boutique in a Prime Location!

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Business Description

Great opportunity to own an established and turnkey consignment boutique. The business has been established for 7 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 4 years remaining on the lease so the next owner can confidently hit the ground running and start enjoying immediate success.

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

Year Established:
2011
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
1,416
Rent:
$5,805.60 Per Month
Lease Expiration:
1/31/2022
Facilities:
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.
Website:
www.horizonbrokers.com
Market Outlook/
Competition:
There is limited direct competition in the immediate area. The business serves a niche demographic with countless repeat customers and a reliable clientele.
Growth & Expansion:
There is ample room for growth and expansion. A new active owner might consider expanding marketing efforts to create increased awareness of the business.
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About the Sale

Reason For Selling:
Owner is retiring.
Training/Support:
Seller will provide necessary training and support.
Seller Financing:
Available depending on the final sale price, terms, and qualifications of the buyer.

Listing Info

ID:
1567472
Ad Detail Views:
44
Asking Price:
$79,995

Gross Revenue:
$283,609
Cash Flow:
$40,381
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$12,500
included in asking price

FF&E:
$7,650
included in asking price

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Business Listed by

Michael Wade

Horizon Business Brokers, LLC

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Sponsoring Broker:

Dustin Zeher, CBI
Horizon Business Brokers, LLC

U.S. Census Data for Fairfax County, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Fairfax County, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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