Women's Clothing Boutique - Franchise

Woodbury, MN (Washington County)

Women's Clothing Boutique - Franchise

Asking Price:$106,000

Cash Flow:N/A

Gross Revenue:$200,000

EBITDA:N/A

FF&E:$45,000

Inventory:$15,000

Rate/Sq. Ft.:$16.25

Established:2015

Women's Clothing Boutique - Franchise

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Business Description

Mode is a franchise women's clothing boutique selling overstock designer clothing. Mode sells many of the same brands found at other local boutiques and department stores but at prices more than 1/2 off the MSRP. This is a unique opportunity to buy an established franchise at a fraction of the cost of opening a new store. This store has been open 1 1/2 years and is just hitting its stride as a shopping destination in Woodbury, MN.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,738
Lease Expiration:
5/31/2020
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sale price includes all inventory, fixtures, leasehold improvements and POS equipment as well as a growing customer base that includes an email list of 2500, 2400 facebook likes and 400 loyalty club members. It also includes franchise purchase/transfer.
Competition:
Woodbury is a vibrant, affluent suburb on the eastern edge of the Twin Cities metro area. Population is close to 68,000 with a median income of almost $100K. With multiple retail areas, it is also a destination shopping area for western Wisconsin as there is no sales tax on clothing in MN.
Growth & Expansion:
Great opportunity to buy into an existing franchise that is growing and expanding. It is the only Mode location in MN so there is good potential to become a multi-unit franchise owner.
Support & Training:
All training and ongoing support provided as part of franchise agreement. Mode is a small franchise with 10 stores and the store support center provides lots of one-on-one support.
Franchise:
This business is an established franchise
Business Website:
http://shopmodestore.com

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Business Listed By:
Patricia Miranda

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