High-End European Women's Boutique

New York County, NY (Relocatable)

High-End European Women's Boutique

Asking Price:$690,000

Cash Flow:$288,575

Gross Revenue:$1,135,978




Lease Rate/Sq. Ft.:N/A


High-End European Women's Boutique

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Business Description

Sales in 2016 increased 15% over the prior year. The Retail Value of inventory for this High-End Fashion Boutique was valued in January 2017 at $715,095. The list price does include a new, not yet utilized, fully developed E-Commerce web site. The up-scale inventory brings French fashion to New York City from the boulevards of Paris. Clothing includes exotic chic, swimwear, women's wear, handbags, women's hats, jewelry, lingerie, hosiery and the latest fashion in women's shoes.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
3 FT / 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Retail Store front. 950 Sq. Ft. Separate office location of 1,000 Sq. Ft. The retail store and office location have combined security deposits of $65,000 with the landlord. If the buyer doesn't have their own office facility, then they have the option of paying their own security deposit to the landlord, or leaving the seller's deposits in place with the landlord, and increasing the sale price by $65,000. If the buyer does have their own office facility, then the security amount reduces to $55,000, and the sale price would increase accordingly.
There are several other retailers in the area. However, this shop is Manhattan's High-End European Women's Boutique.
Growth & Expansion:
Projected 35% to 50% increase in sales with the launch of a fully developed Ecommerce Web Site which is included in sale.
Support & Training:
Will train for 2 weeks @ no cost. Standard New York City business license.
Reason for Selling:

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John Hayes

Business Listed By:
John Hayes

Murphy Business & Financial Corporation

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