MergerPlace

Exclusive Italian Clothing Store

Florida (Palm Beach)


  • Asking Price: $200,000
  • Gross Income: $150,000
  • Cash Flow: $60,000
  • Real Estate: Not Disclosed
  • Inventory: $100,000
  • FF&E: $15,000
  • Listing ID: #200542
  • Established: 2014
  • Employees: 2

Business Description

An established men’s and women's clothing boutique on Palm Beach Island. On-site tailoring with an A-list clientele. Located less then (2) blocks from the ocean with a good lease. A thriving 3 year business increasing steadily financially, with good records and good books. Owner is looking to retire and will help with an easy transition. Please refer to listing number 6401-81932 and advisor Joshua Sagman when inquiring.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Florida
County: Palm Beach

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2

Financial Information

Asking Price: $200,000
Gross Revenue: $150,000
Cash Flow: $60,000
FF&E: $15,000
Inventory: $100,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 4700 Square Footage: 1350 Building Type: Retail Terms & Options: 3 year and 5 year option Expiration Date: 6/24/2018

Growth & expansion opportunities:

Huge potential as target demographics on Palm Beach island are growing with a rapid pace

Competition:

There are very few established 3 + year boutiques with a prime location and great lease terms on Palm Beach Island.

Reason for selling:

Retirement

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

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Business Listed By:

Joshua Sagman

Transworld Business Brokers