Hot Listing
Women's Designer Boutique l 20+ Years in Business
Business Description
This is an opportunity to take over a successful Women’s Boutique in the iconic city of Newport Beach, California. They have been in business for 20+ years. The owner had created an upscale, elegant business & will help a smooth transition.
The boutique has exclusivity with the some of the best designers and distributors from overseas. They offer a unique & limited selection of casual wear, formal wear, shoes, accessories, jewelry, & handbags. Longtime/repeat customers include high-income locals & occasionally celebrities. It is not un-common for a client to make a purchase in the $10,000 to $20,000 range at once.
The 1,413 square foot storefront is in one of the most upscale & expensive shopping centers in all of Southern California. Within 1+ mile of the center, the average household income is $250k+ & the average home value exceeds $3MM. It is a business owners dream to operate in this coastal center. There is a beautiful, synergistic mix of restaurants, shops, & grocery store, drawing copious amounts of traffic.
The three employees are long withstanding, knowledgeable, & loyal. Every client or potential client is treated with care, respect, & class.
This business has no debt on the balance sheet. Priced at $550,000 + inventory.
The boutique has exclusivity with the some of the best designers and distributors from overseas. They offer a unique & limited selection of casual wear, formal wear, shoes, accessories, jewelry, & handbags. Longtime/repeat customers include high-income locals & occasionally celebrities. It is not un-common for a client to make a purchase in the $10,000 to $20,000 range at once.
The 1,413 square foot storefront is in one of the most upscale & expensive shopping centers in all of Southern California. Within 1+ mile of the center, the average household income is $250k+ & the average home value exceeds $3MM. It is a business owners dream to operate in this coastal center. There is a beautiful, synergistic mix of restaurants, shops, & grocery store, drawing copious amounts of traffic.
The three employees are long withstanding, knowledgeable, & loyal. Every client or potential client is treated with care, respect, & class.
This business has no debt on the balance sheet. Priced at $550,000 + inventory.
About the Business
- Years in Operation
- 25
- Facilities & Assets
- Furnitures, Fixtures, Equipment, Inventory to be negotiated between buyer and seller
- Market Outlook / Competition
- The business has been operating for over 20+ years.
- Opportunities for Growth
- E-Commerce
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,413
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- There is one full time and two part time employees. To be negotiated between buyer and seller
Listing Info
- ID
- 2399162
- Listing Views
- 728
Listing ID: 2399162 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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