Two Successful High End Boutiques

www.GlobalBX.com

Listing ID: 700370177

Listing Title: Two Successful High End Boutiques

Quick Link: http://www.globalbx.com/listing.asp?bId=370177

Industry: Retail

Industry Segment: Clothing and Footwear Retail

Country: United States

State / Province: Georgia

Area

City:

Asking Price Range: $500K - $1.0M

Gross Revenues: $2,873,000

Cash Flow: $337,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2012

Number of Employees: 20 - 34

Business Description:
Remarkable well-branded, high end, profitable women's boutique in the metro Atlanta area. This is a multi-store boutique with loyal customers and a strong, well-developed brand showing year over year growth. The two beautifully outfitted stores carry mid and high-market product lines and have well-proven formulas for success. The stores come with a database of 10K loyal, repeat customers who continually visit the boutiques for apparel, home d--cor, jewelry, accessories, and shoes. With trailing 12-month revenues of $2.4M and a net profit of 10% plus owner's benefit, this brand has a prestigious place in the market. You could not pick better store locations; each boutique is centrally located in a ''hot-spot'' with plenty of foot traffic and high visibility. This is a turn-key operation for the right entrepreneur. Established with all current lines and vendors the new owners will have a breeze getting started. Each brick-and-mortar store is established with amazing tenured staff and management in place. Operations are streamlined, documented, and tested. The e-Commerce portion of the business is doing very well and growing rapidly with online revenue reaching $500K. This is an amazing opportunity for a new owner to build on the existing success. This brand was established in 2012 and continues to grow and gain recognition in the local community as well as the broader online community. The company recently received a local award for recognizing them within the local business community. Everything is in place for continued success. Business Sale Price is $675,000 Plus Inventory. This business is celebrating almost 10 years of growth and success. Recently the newest location opened and is experiencing the highest year over year growth with around $1M in sales per store. In addition the business added online sales that is over 10% of sales and growing. Both locations are in strong retail centers in very popular Atlanta Northern Suburbs. Total Rent and Sqft Provided



« Close this window »