Popular and Profitable ATL Women's Clothing and Accessory Boutique

Atlanta, GA

Seller Financing Available

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Asking Price:$395,000
Gross Revenue:$850,000
Rent:$7,000/Month
Established Year:1995
Cash Flow:$147,000
Inventory:$100,000
FF&E:$10,000
BUSINESS DESCRIPTION

Women's Clothing and Accessory Boutique since 1995 with $147K SDE

This is a unique opportunity to acquire a very popular, well established, and profitable women’s clothing and accessory boutique. Located in a highly trafficked area, popular with tourists, the owner is ready to retire and pass the torch to a new owner with the passion and vision to carry on the tradition. The owner currently works approximately 20 hours per week and has a manager that has been there for 27 years. There are also 4 PT and 2 seasonal employees. Eighty percent (80%) of the revenues are from clothing with twenty percent (20%) coming from accessories. There are quite a few protected brands that offer a competitive advantage. Currently the business operates Tuesday through Sunday and is closed on Monday. The location is a leased 1,750 sq. ft. space with a base monthly rent of $7,000.00 per month. The current lease expires in August of 2025. The Seller is willing to entertain seller financing for up to 50% of the purchase price for a well qualified Buyer.


DETAILED INFORMATION
Location
Atlanta, GA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,750
Lease Expiration
31/08/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates from a leased 1,750 sq. ft. space with monthly rent of $7,000.00 and the lease expires on 08/31/2024.
Competition
The business has been in continuous operation since 1995 and enjoys a large and loyal clientele.
Growth & Expansion
The business could be grown by opening on Mondays, increasing Social Media presence and expanding its online presence.
Financing
The seller will entertain financing up to 50% of the transaction to a well qualified
Support & Training
The seller will train and transition the buyer including 1 Atlanta Gift Show.
Reason for Selling
The seller is retiring.
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Mark
Werbalowsky
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Mark Werbalowsky