Trending Upscale Boutique N. Dallas For Sale

Dallas, TX (Dallas County)

Trending Upscale Boutique N. Dallas For Sale

Asking Price:$254,000

Cash Flow:$72,040

Gross Revenue:$431,370

EBITDA:N/A

FF&E:$35,000

Inventory:$75,000

Rate/Sq. Ft.:N/A

Established:2006

Trending Upscale Boutique N. Dallas For Sale

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Business Description

Enjoy the ownership of an established Contemporary Upscale Boutique in the coveted Park Cities area of North Dallas, Texas where there is generally more discretionary income to shop with. The store carries choice inventory of women’s fashionable apparel - casual wear, dresses, sportswear - includes a number of different accessories, such as original designer belts and purses.

Opportunity to serve upscale clientele who tend to purchase the latest and greatest trending apparel and accessories – as well as unique originals not generally found in the larger department stores. Boutiques in the Park Cities communities rarely come on the market for sale.

In addition to the normal characteristics a business buyer should have, the Purchaser of this designer clothing shop will need to possess certain attributes not as necessary for stores in other parts of Dallas, including but not limited to the ability to relate well to, cater to, and understand the needs of the upscale customers in the area who are more akin to “clients” than “customers”.

The current owner has been a full-time owner-operator with several employees, 3+ (fluctuates).

Short Business Hours M-F 10-5:30; Sat. 10-5.

This is a rare must-see opportunity with upside for one who is willing to be a full-time owner-operator as owner has been of a small retail apparel and accessory business as well as an online opportunity for a second profit center. Retail Marketing experience would be a plus.

* Gross Sales Most Recent Year: $431,370. Net of Sales Tax. Sales calculated on a trailing 12 mos. through a specific period in 2016. **The “Cash Flow” field above is based on seller’s historical discretionary earnings for 2015 calculated from tax return as a full-time owner-operator. Discretionary earnings for 2016 is yet unknown until 4th quarter results are in.

Please understand that due to the relatively small geographic proximity of this business, a non-disclosure agreement (NDA) must be executed prior to revealing any further information on this small business opportunity. The sale is highly confidential to its patrons and employees.

The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.

The Seller has listed this business to be sold through an asset transaction vehicle and not through a securities transaction vehicle. This is not an offer to sell securities. This is not a solicitation to sell securities.

Listing Broker Firm: Liberty Business Exchange & Erin Bonner, Independent Broker. Call or email: Erin Bonner for the NDA: 214-236-1099 Email: Erin @ LibertyExchange dot com.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,320
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This very inviting upscale contemporary boutique is situated within an upper echelon area of N. Dallas on a high traffic “shopping” street.
Growth & Expansion:
The right personable, classy, and business savvy new owner has the potential to increase the business back to prior levels when the store enjoyed higher sales and earnings with well-thought out marketing, 100% focus on this business, owner-operation, in depth study of future trends to help with inventory purchases, outside-the-box marketing, increase the e-tailer side of the business which is new, host more local events at the store, and learn to befriend the shoppers (converting them from customers to “clients” if you will.
Support & Training:
Owner willing to train new ownership in the business operations, including one buying trip.

Listing Statistics for Premium Members

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Erin Bonner

Business Listed By:
Erin Bonner

LibertyExchange.com Network

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