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

EBITDA:N/A

FF&E:$10,000

Inventory:$380,000

Established:2005

High-End European Women's Boutique

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Business Description

The listing price for this High-End Fashion Boutique includes it's inventory which was valued on June 1st at $380,000. The 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. The list price also includes a fully developed E-Commerce web site.

Detailed Information

Inventory:
Included in asking price
Employees:
3 FT / 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
Competition:
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:
Relocation.

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John Hayes

Business Listed By:
John Hayes

Murphy Business & Financial Corporation

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