| Asking Price |
$175,000 | Inventory |
$75,000** |
|---|---|---|---|
| Gross Income |
$498,000 | Real Estate |
$300,000** |
| Cash Flow |
$120,000 | Year Established | 1983 |
| FF&E |
$10,000* | Employees | 5 |
* included in the asking price
** not included in the asking price
Well established high end ladies fashion boutique. This 23 year old business has a reputation that attracks an upscale clientele making this a destination retail store. Rvenue is solid in the $500,000 range and owner discretionary income is consistent in the $120,000. plus catagory. Located in the suburbs of Youngstown it is convenient to the Cleveland and Pittsburgh market and all points in between. Also, the building is 2300 SF plus an additional building which is 500 SF and is presently leased out bringing in $500 per month.The building is available for sale or lease.
Facilities: The real estate is optional. It is a free standing 2300 SF bldg. plus a 500 Sf bldg.
Competition: This business has been established for 23 years. There is competition but this boutique is a destination point for shoppers.
Growth/Expansion: Open the doors and the customers are there. The key is to learn how and what to buy for inventory. This can be taught by the Owner who is willing to make it part of the purchase.
Financing: open to a portion
Support/Training: As needed. The owner will also stay on as a part time employee for a time.
Reason Selling: Exit plan to retirement.

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