East End Coastal Boutique

Suffolk County, NY

East End Coastal Boutique

Asking Price:$90,000

Cash Flow:$45,000

Gross Revenue:$125,000

EBITDA:N/A

FF&E:$5,000

Inventory:$20,000*

Established:2012

*not included in asking price.

East End Coastal Boutique

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Business Description

This 500 SF Boutique is turning a profit and being run semi-absentee. It serves the busy upscale east end of Long Island and has a great client list! The store shows very well and is filled with jewelry, scarfs, handbags and more! It is currently open 6 days a week from 10am-7pm. Great lease that expires in 2026! This business has shown steady growth over the five years it has been open, generating 125k in revenues, mostly in the summer months and holiday season.

Detailed Information

Inventory:
Not included in asking price
Employees:
2-PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This 500SF retail gem is ready for the busy summer season and its new owner! On a busy main road in the east end of Suffolk County, this beautifully designed boutique is a turn key business! Great lease terms, new 5/5-10yr lease, current rent is at $850 month which includes all.
Competition:
Very little to no competition in the immediate area
Growth & Expansion:
Introduce more products to expand your client base if desired, or continue with its already intriguing collection of jewelry, scarfs and handbags! An online presence could easily increase revenues.
Support & Training:
Seller will provide on going support, training and also assist with marketing material.
Reason for Selling:
Other interests

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Steve Neary

Business Listed By:
Steve Neary

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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

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