Upscale Women's Clothing Boutique

Palm Beach County, FL

Upscale Women's Clothing Boutique

Asking Price:$875,000

Cash Flow:$208,436

Gross Revenue:$1,360,852

EBITDA:N/A

FF&E:$58,664

Inventory:$329,969

Rate/Sq. Ft.:N/A

Established:1993

Upscale Women's Clothing Boutique

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Business Description

Well established women's retail boutique. Successful store located in an upscale community. Distinctive, exclusive designer lines, resort wear, shoes, and accessories. Very profitable and has grown over the 23 years. Full time manager and long term employees in place for potential absentee investor or E2 Visa. New website complete with shopping cart. Inventory included in sale. Buyer must sign NDA before additional confidential info released.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
5FT/1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: $8,074. Sq Ft: 2,600. Bldg Type: Multi Retail. Terms & Options: 4 year. Expiration Date: 5/31/2020. Leasehold: $50,324
Financing:
Lender Financing: $700,000. Mos: 120. Rate: 6%. Mo Pmt: $7,771.44
Support & Training:
Seller will train buyer for two weeks at no cost to buyer
Reason for Selling:
Spend time with family

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Patti Schenk

Business Listed By:
Patti Schenk

Acquisition Experts, LLC

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Sponsoring Broker:
Dale Armor

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