MergerPlace

Women's Boutique-Great Franchise Concept

California (Los Angeles)


  • Asking Price: $235,000
  • Gross Income: $20,963
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $60,000
  • FF&E: $65,000
  • Listing ID: #197037
  • Established: 2016
  • Employees: 2 PT

Business Description

This Scout & Molly's franchise was launched in 2002 and is the dream of many. This new location has been open just a few months. This segment of retail clothing has lots of competition but the way it is set up, it is attainable to create a great business with some remarkable potential earnings. This franchise made it a reality for more entrepreneurs by providing the proven system, real estate assistance, inventory and purchasing control, technology and general retail operations training and more! The owner of this franchise location, bought the rights to 3 locations. Unfortunately, despite the fact she was always been intrigued with fashion and clothes, because of personal reasons she needs to sell her rights. The cost to open one location is less than the asking price. The store was opened in a great location in Los Angeles and the owner has the rights to open 2 more locations in the Los Angeles area. Please note, since it is a franchise, the potential buyer will have to be qualified by the Franchisor.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: California
County: Los Angeles

Company Information

Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 PT

Financial Information

Asking Price: $235,000
Gross Revenue: $20,963
FF&E: $65,000
Inventory: $60,000
Seller Financing Available: No

Property Information

Facilities:

This store is part of a strip mall in a very busy street in Los Angeles and is completely build out to franchise specs.

Growth & expansion opportunities:

The potential for growth is unlimited, especially when a new owner can control the Los Angeles market by opening 2 more stores in strategic locations.

Competition:

The industry is very fragmented. There are no other Ladies Boutique's in the area, thus creating a great opportunity for the new buyer.

Reason for selling:

The owner cannot continue to run the business due to personal reasons.

Support & Training:

Will train for 4 weeks @ no cost. Retail experience and fashion conscious minded individuals.

Contact Business Seller

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Business Listed By:

Mark Tzalka

Murphy Business Brokers