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Resort Wear Boutique

coastal, North Carolina (Carteret County)

Retail - Apparel & Accessory Stores | Retail - Miscellaneous Retail

Asking Price $350,000 Inventory $200,000** 
Gross Income $849,000 Real Estate  
Cash Flow $93,000 Year Established 1974
FF&E $50,000* Employees 1 ft 6 pt

* included in the asking price

** not included in the asking price

Located on the Coast this popular resort wear boutique is the first stop for the latest in fashionable women's bathing suits, sandals, casual clothes and jewelry. The store is open from February through October with the prime selling season being from mid-May through August. The store has a full time manager and a seasoned staff of part-timers many who have been with the store for years. The store lease is on attractive terms and includes the primary store, an office/storage area plus two adjacent storage areas. While competition has increased in recent years the business has maintained its premier spot. The owner is retiring after 35 years but will assist in providing tgraining etc.

Facilities: There are two adjacent spaces, the primary store has 2,100 sq. ft. witha 1,000 sq. ft. office storage area and two 400 sq. ft. stock rooms

Competition: Moderate. Business has maintained its premier postion.

Growth/Expansion: Freash owner/ management would be a plus

Support/Training: Owner will assist in buying knowledge etc.

Reason Selling: Retirement after 35 years

Business For Sale By

broker

252-222-0001

Sunbelt Business Brokers of Coastal North Carolina

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