Luxury Consignment Boutique *Growth Potential*

Miami, FL (Miami-Dade County)

Luxury Consignment Boutique *Growth Potential*

Asking Price:$165,000

Cash Flow:$81,877

Gross Revenue:$318,446

EBITDA:N/A

FF&E:$7,600

Inventory:$350,000*

Lease Rate/Sq. Ft.:$31.36

Established:2011

*not included in asking price.

Luxury Consignment Boutique *Growth Potential*

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Business Description

High-end, designer boutique specializes in resale of authentic luxury & couture merchandise, and luxury labels. Loyal client base, trademarked name, established Website. Inventory does not belong to Seller, as items are all on consignment; however, wide variety of inventory on hand at all times. High-traffic location. Motivated Seller ready to train. 2015 numbers affected by Seller's health/personal; 2016 sales ahead of last year. Ideal for like-type business or Owner/Operator w/ love of fashion. Contact Agent for more info.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
12/31/2016
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,000 square feet in major retail plaza facing arterial roadway; lease terms negotiable ($2,614/mo)
Competition:
Limited competition
Growth & Expansion:
Could expand into neighboring unit for larger space
Support & Training:
4 weeks, no cost
Reason for Selling:
Discuss with Seller

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Terri Sherman

Business Listed By:
Terri Sherman

Florida Business Exchange, Inc.

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Sponsoring Broker:
A. Bert Risdon, B.C.I.

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