Chic Women’s Clothing Boutique Pre-Qual for SBA FINANCING

Montgomery County, PA
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Asking Price:$1,199,900
Gross Revenue:$1,467,048
Rent:$5,500/Month
Established Year:1939
Cash Flow:$328,138
Inventory:$150,000
FF&E:$91,000
BUSINESS DESCRIPTION

Price includes $150,000 worth of saleable inventory.
The business is Pre- Qualified for about $1,000,000 in SBA FINANCING, if needed.
This Women’s Contemporary Clothing Boutique comes with a Timeless Tradition: With decades of expertise, the owner, store manager and staff know how to blend classic elegance with contemporary flair, ensuring customers always step out in style. It offers Personalized Service where customer satisfaction is the goal. Customers can walk in or book an appointment at any time, and the resolute staff will curate a selection that resonates with the customer’s individual taste and preferences. This businesses culture will make a new owner have a truly walk in and take over situation. While the owner is important, she has allowed and encouraged her employees to take on more responsibility. Her manager is involved with every facet of the business, from hiring and firing to deciding on the purchases the store will make for upcoming seasons. The staff is extremely well trained and is dedicated to the store, its owner and manager. This is truly a turn-key business for someone from the fashion industry.


DETAILED INFORMATION
Location
Montgomery County, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Store is located in a strip center which has businesses that cater to women.
Competition
The greatest competition for any clothing boutique are big box stores and the internet. What is fortunate for this business is most of the women who are clients are well off and not that likely to shop in big box stores nor the internet. They want personalized service by experts who know what trends are coming in women's fashion.
Growth & Expansion
The business does not advertise much and it does not focus on internet sales. A new owner could expand both revenue and profits by putting a little effort into these two areas.
Support & Training
Training Support Included
Reason for Selling
Retirement
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Richard
Collins
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Richard Collins