Popular Atlanta Women's Clothing Boutique with $175K SDE since 1995
Asking Price: | $395,000 |
Gross Revenue: | $820,575 |
Rent: | $7,000/Month |
Established Year: | 1995 |
Cash Flow: | $178,152 |
Inventory: | $100,000 |
FF&E: | $10,000 |
Popular and Profitable Atlanta Women's Clothing Boutique with $178K SDE Priced a
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.