MergerPlace

Seattle Area Women's Fashionable

Washington (King)


  • Asking Price: $299,000
  • Gross Income: $555,261
  • Cash Flow: $91,607
  • Real Estate: Not Disclosed
  • Inventory: $133,941
  • FF&E: $20,000
  • Listing ID: #194355
  • Established: 1994
  • Employees: 2 FT/6 PT

Business Description

Buy one or both stores. Profitable women's clothing boutiques that are a great alternative to big box stores. Price includes inventory. They have a loyal following and have served their Seattle neighborhoods in fantastic locations for over 24 years. Inventory includes a number of popular clothing and gift lines. They also have a small clothing line of women's clothing and men's shirts. Taking over this clothing line is optional. Their success is due in part to the knowledgeable and friendly staff who pay attention to customer needs and offer unique and moderately priced clothing and accessories.


Business Details

Primary Business Category: Retail Trade - Clothing
Location: Washington
County: King

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/6 PT

Financial Information

Asking Price: $299,000
Gross Revenue: $555,261
Cash Flow: $91,607
FF&E: $20,000
Inventory: $133,941
Seller Financing Available: No

Property Information

Facilities:

They have two store locations that are perfectly located on local main street popular shopping neighborhoods in the Seattle area. They are in leased space of 1,200-1,400 sf with long term leases and great landlords.

Growth & expansion opportunities:

Expansion can include internet sales, adding lines and advertising.

Competition:

These well established boutiques are in locations ideally situated for their clientele. Strong brand recognition is a key driver for this business. They provide a personalized shopping experience for both the locals and tourist trade looking for the "one of a kind" outfit that looks good and fits. This is an affordable boutique that is a great alternative to big box stores.

Reason for selling:

Retiring.

Support & Training:

Will train for 4 weeks @ no cost. The Seller will train the new owner on all aspects of their own line of clothing and accompany the Buyer on buying trips introducing them to the best contacts. The right buyer will have a love of clothes and shopping, be able to handle multi tasking and have good customer service skills.

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Business Listed By:

Judy Elrod

Murphy Business Brokers