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Womens Clothing Boutique
Location: United States -> Washington -> Olympia
Industry: Retail > Clothing and Footwear Retail

Business Summary



Executive Summary: Exceptional business purchase opportunity for owner/operator to enter established downtown Olympia market. Loyal customer base, lots of foot traffic, limited curbside parking with excellent public transportation to the location.

Sales of $289K/year with a long term, low cost lease preapproved and arranged. Established customer list, procedures and processes for a turnkey operation. Seller available for consultation on vendor management, manufacturing and sales procedures.

Type of Sale: Asset sale includes furniture, fixtures, and inventory-clothing, accessories, bookshelves, dining tables, fine art, framed photography, rugs, candles, home goods, point of sale system, HD security system with remote access, furniture, and beautiful reclaimed wood fixtures.

History & Background: The shop opened in April 2014. It was professionally designed and merchandised. We carry brands that are sustainable, give back, USA made, as well as unique Australian designers with distribution rights on many desirable brands. We were voted the Best Top 5 Women's Boutiques in Western Washington two years in a row.

Products & Services: We are known to our clients as the experts in the industry. We help to personally style, shop for and assist clients to fulfill their wardrobe needs, infusing the Lola Lifestyle. Income streams include clothing-mixture of women's, men's, and children's clothing, women's shoes, jewelry, and accessories with a mix of price points.

Operations: Business can be open as much as seven days a week, 10am to 7pm, as well as privately appointed times or any significant part time basis, as long as customer demand is met.

Market Analysis: We have a loyal customer base in addition to our foot traffic, and are located in a historic building that offers a gallery feeling. We have about 2,000 followers on Instagram and Facebook. We are neighbored


Asking Price Range:  < $250K
Gross Revenues:   $286,000
Cash Flow:   $286,000
Cash Flow Type:  EBITDA
Inventory:  $130,000
Seller Financing:  No

About The Business

Year Established:  2013
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Owner will train buyer.
Reason For Selling:  Owner moving in a new direction.

Print Listing Id: 700268196
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