Retail - Apparel & Accessory Stores | Retail - Miscellaneous Retail

Asking Price	$220,000	Inventory	$80,000**
Gross Income	$400,000	Real Estate	$750,000**
Cash Flow	Not Disclosed	Year Established	1982
FF&E	$20,000*	Employees	6 pt

* included in the asking price

** not included in the asking price

This business is a well known boutique that has been offering fine womens apparel for many, many years. This is truly one of the very rare places where women can always find the latest styles in swimwear, sportswear, shoes and accessories. This store is proud to have a great team of long term employees who have all helped to develop an impeccable reputation for providing quality womens apparel and service that is second to none. This business is also well known, and sought after , for the professional fashion shows they provide to business and civic organizations throughout the area. Real Estate in this seashore community is both valuable and scarce. The business, the land and the building will be sold to a single buyer. The second story apartment is leased, and it generates an additional $12,000.00 in annual revenue. This adds a significant amount of value, to the transaction for the buyer.

Facilities: The store is a 2600+/- sq ft retail location. There is a 2 bedroom, 2 bath residential rental unit located on the 2nd floor. It is located two blocks from the beach in one of Southern New Jersey's most exclusive seashore communities. This very well maintained facility is situated in the communities busiest, upscale business district.

Competition: This is one of the few womens specialty stores in the area concentrating on updated traditional clothing. Its customer base consists primarily of year round and summer residents of the local area and surrounding communities. There is not a lot of competition for this well established business.

Growth/Expansion: There is a strong potential for growing both sales and profitability. The present owner operates the business with a shortened business cycle. A revenue enhancement program should include extending the selling season and increasing store hours.

Financing: Seller will consider financing a portion of the sale Price

Support/Training: Seller will include 12 month of Management Consultation and Training in all management activities necessary to operate this business. Complete training in the inventory purchase process, and in business cycle considerations, is also included.

Reason Selling: Owner retirement and relocation