MergerPlace

Ladies Boutique

Minnesota


  • Asking Price: $50,000
  • Gross Income: $83,766
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $35,000
  • FF&E: $15,000
  • Listing ID: #213383
  • Established: 2007
  • Employees:

Business Description

MOTIVATED SELLER!!! Own this ladies fashion boutique for the value of the inventory and the store fixtures & equipment. This store opened in 2007 and has been located in a brick and mortar building on a traditional "small town America" downtown street in a northwestern suburb of the Twin Cities. The ladies fashions sold are all American made styles. Fashionable accessories like necklaces, earrings and hand bags are offered to go with the stylish clothing. The store also sells a full line of mixologies for bath bombs, perfume and luxury lotions. The current owner runs the store with very limited part time help.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Minnesota

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $50,000
Gross Revenue: $83,766
FF&E: $15,000
Inventory: $35,000
Seller Financing Available: No

Property Information

Facilities:

The store leases approximately 1,500 square feet of brick and mortar space among other "downtown main street America" stores. The store has been at this location since first opening in 2007. The store's front windows on to the downtown street displays their fashions and "invites" the shopper into the store.

Growth & expansion opportunities:

Additional marketing and more open hours could add business revenues to the store. Currently the store is only open 4 days per week.

Competition:

There are certainly other businesses in this city and surrounding suburbs that sell ladies clothing and accessories. But the "brick and mortar" location of this store makes the experience unique verses going to another mall. In addition, this boutique is noted for it's superior customer service.

Reason for selling:

The owner wishes to retire.

Support & Training:

Will train for 2 weeks @ $0 cost. This boutique sells ladies fashion and fashion accessories. No licenses are required to operate the store. A keen knowledge of business acumen including sales & marketing skills and financial capabilities would be essential to successfully running this business.

Contact Business Seller

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Business Listed By:

Darrel Damhof

Murphy Business Brokers