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Ladies Fashion Boutique

Palm Beach County, FL
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Sale Pending
Asking Price:$900,000
Gross Revenue:$1,987,775
Rent:$18,000/Month
Established Year:1978
Cash Flow:$358,926
Inventory:$390,000
FF&E:$141,000
Listing ID: 2110119Listing provided by BizBuySell
BUSINESS DESCRIPTION

Ladies fashion boutique retailing hi-end ladies fashion clothing, jewelry and accessories. Occupies pride of place at a prime upscale location. Established same owner 45 years with substantial customer following. Long tenured employees. Fully computerized with POS SKU scanners. Excellent professionally maintained books and records. Fiscal year is August 1 thru July 31. This is the opportunity for an experienced buyer to acquire an exceptional turnkey business. Pre-Qualified for SBA 7a funding. May support immigration visa.

DETAILED INFORMATION
Location
Palm Beach County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,800
Lease Expiration
18/05/2025
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2,800 sq. ft. double bay store at prime upscale location. Quality build-out with nine fitting rooms.
Competition
Substantial long-established customer following.
Growth & Expansion
The introduction of internet sales and an online presence can only increase revenue. Additional local promotion should stimulate business.
Support & Training
3 weeks - no charge.
Reason for Selling
Retiring after 45 profitable years.
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MICHAEL
BECK
Luxury Partners Realty
Phone Number
MICHAEL BECK
Call Phone