Run Rate for 2017 Sales are up 15% over 2016 Sales of $1,190,718. The Retail Value of the inventory for this High-End Fashion Boutique was valued in January 2017 at $715,095, and is included in the sale. The up-scale inventory brings French fashion to New York City from the boulevards of Paris. Clothing includes exotic chic, swimwear, women's wear, handbags, women's hats, jewelry, lingerie, hosiery and the latest fashion in women's shoes.
The buyer of this profitable high-end boutique would gain the benefit of purchasing two separate operations. One is the profitable store/boutique located in Manhattan and the other is an online E-Commerce retail operation that is "ready and primed to begin operations" with both software and infrastructure. With the online entity included in the sale, a buyer would harmonize with the existing boutique, or address another business focus.
Retail Store front. 950 Sq. Ft. Separate office location of 1,000 Sq. Ft. The retail store and office location have combined security deposits of $65,000 with the landlord. If the buyer doesn't have their own office facility, then they have the option of paying their own security deposit to the landlord, or leaving the seller's deposits in place with the landlord, and increasing the sale price by $65,000. If the buyer does have their own office facility, then the security amount reduces to $55,000, and the sale price would increase accordingly.
Projected 35% to 50% increase in sales with the launch of a fully developed E-commerce Web Site which is included in sale.
There are several other retailers in the City. However, this shop is Manhattan's High-End European Women's Boutique with a repeat client list of actresses and wives of sports celebrities.
Will train for 2 weeks / $1000 cost. Standard New York City business license.