Very Profitable Apparel Boutique, Pre-Approved for SBA Loan

Montgomery County, MD

Very Profitable Apparel Boutique, Pre-Approved for SBA Loan

Asking Price:$200,000

Cash Flow:$150,000

Gross Revenue:$500,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1995

Very Profitable Apparel Boutique, Pre-Approved for SBA Loan

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Business Description

Highly Profitable Apparel Boutique Store, Approved for SBA Loan!

VERY PROFITABLE APPAREL BOUTIQUE- SBA LOAN AVAILABLE
This Semi-Absentee Business carries an exclusive inventory of Event dresses & Drapes. The current owner has run the business successfully for the past 21 years.

This very established and well known retail boutique provides a selection of the finest event dresses for children and women, and it also carries variety drapes. This store, which is also known for it's excellent bargains and prices, has strong revenues, cash flow, and a highly visible location. It is fully equipped and stocked with inventory, and is a totally turnkey. Lastly, the 21 year old business is fully staffed so she does not have to work on average 25 hours/week.

The business' financials are strong and therefore an SBA loan is available. We can arrange it for a strong buyer with at least some retail business experience.

Only qualified inquiries, please. Must execute confidentiality agreement!

Detailed Information

Employees:
3
Facilities:
This Space is approximately 3,606 Sq Ft of retail front and a basement of the same size with a separate rear entrance door which can be subleased or used for storage. The current lease has 5 years left but can be extended.
Growth & Expansion:
This opportunity for expansion is high. With a history of 21 years of successfully serving it's customer base, this business has never approached online marketing or sales. Someone with basic online-marketing knowledge can make this business grow extensively.
Support & Training:
2 Weeks
Reason for Selling:
Retiring/Other Interests

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Shawn So

Business Listed By:
Shawn So

GOLDEN TREE BUSINESS BROKERS, Div. of Summit Business & Financial, LLC

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Sponsoring Broker:
simon so

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