MergerPlace

Eastside Women's Boutique

Cincinnati, Ohio (Hamilton)


  • Asking Price: $175,000
  • Gross Income: $605,000
  • Cash Flow: $87,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $5,000
  • Listing ID: #218138
  • Established: 1999
  • Employees: 5

Business Description

Operated by the same individual for nearly 20 years, this destination boutique offers a beautiful assortment of merchandise to go along with the ultimate in personalized service. In addition, and most importantly, there are long term and established employees in place that wish to stay with the business and assist the buyer in growing the business. Sales and profits have remained steady the past 3 years with much growth potential existing. The business is offered as an asset sale, free and clear of debt. Owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

Steady clientele
SBA loan qualified
POS System in place
Recently redecorated
Initially, over $150,000 spent to renovate the space
Much growth potential to sell more via the internet
Clean books and records – all numbers are verifiable
Real estate available to purchase in addition to the business asking price


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $175,000
Gross Revenue: $605,000
Cash Flow: $87,000
EBITDA: $87,000
FF&E: $5,000
Seller Financing Available: No

Property Information

Facilities:

This is a very attractive and well – decorated store with plenty of positive ambience to provide women a great shopping experience.

Growth & expansion opportunities:

The store has recently begun internet sales so there is much potential growth via the internet.

Competition:

Store employees provide wonderful personalized service which women typically do not receive in other stores or on the internet.

Reason for selling:

The owner is of retirement age.

Support & Training:

Owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers