Contemporary Clothing Boutique in Busy Morris Downtown For Sale

Morris County, NJ

Contemporary Clothing Boutique in Busy Morris Downtown For Sale

Asking Price:$60,000

Cash Flow:$43,000

Gross Revenue:$213,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2004

Contemporary Clothing Boutique in Busy Morris Downtown For Sale

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Business Description

Established and profitable women's boutique opened in 2003 for sale.

CONTEMPORARY CLOTHING BOUTIQUE IN BUSY MORRIS COUNTY DOWNTOWN FOR SALE.

Lotus Boutique is an established and profitable retail location opened in 2003.
Busy downtown location seated amongst many other retail establishments.

Known for quality and fit, with a strong, devoted, loyal customer base. High frequency of repeat customers, and continuing to expand. Catering to a demographic primarily of women between 35 to 65 seeking an intimate, personalized shopping experience.
Great opportunity for existing boutique owner to expand their territory.

Perfect for an individual looking to start their first boutique without the hassle and learning curve of opening a new business. Long term, knowledgeable owner will help make transition of ownership seamless. This established and profitable store with repeat clientele is the perfect turnkey business for you.
Owner currently works 3 days a week in store. Staff covers most evenings and weekends. Owner will train through one buying season, including one trade show. (approx 2 weeks)

Asset portion of sale includes:

-custom vintage inspired counter
-customized fixtures
-9 mannequins and dressforms
-6 raw stell boutique racks
-counter displays
-sonos speaker system
-office desk
-300 wood hangers
-website, shoptiques store
-facebook page
-vendor contacts and relationships
-marketing materials, ad designs, logo ad-work, business card design
-inventory is not included in this price and can be sold separately as needed

Detailed Information

Employees:
3
Competition:
Located in a busy downtown amongst several other retail establishments. Nice wide streets with easy parking.
Growth & Expansion:
There is great room for expansion with this business. There is constantly new people discovering the boutique as well as a large base of repeat customers. A small percentage of items are sold online and that is one area with a little attention could rapidly grow the sales.
Support & Training:
Owner will train through one buying season, including one tradeshow. (approx 2 weeks)
Reason for Selling:
Family obligations

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Business Listed By:
Bridget Connor

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