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Great Midtown Boutique-New Low Price

Mobile, Alabama (Mobile County)

Retail - Apparel & Accessory Stores | Retail - Home Furniture & Furnishings

Asking Price $65,000 Inventory $22,000* 
Gross Income $149,499 Real Estate  
Cash Flow $11,710 Year Established 1996
FF&E $25,000* Employees 2

* included in the asking price

** not included in the asking price

This well established, recognized, award winning, and attractive boutique is centrally situated in the historic heart of Midtown Mobile in a newly renovated building conducive for plenty of traffic with ample parking. It has been in operation since 1996 and has managed to pool a strong contingent of new and faithful repeat customers from mostly around the immediate Midtown & Spring Hill areas. Some repeat purchasers come as far away as Baldwin County, Gulf Coast Mississippi, and Louisiana. It has been bestowed many honors over recent years: Mobile Register s 2004 Reader s Choice Award for Unique Gift Store and Mobile Bay Monthly s Best Gift Store for 2007. It stocks exclusive and whimsical items not found anywhere on the coast. The unique product offering includes tons of hats, decorations, funky sunglasses, boas, candles, jewelry, home d cor accessories, occasional furniture, lamps, mirrors, seasonal merchandise, and much more. It caters to the young, old, and in-between transcending genders and generations. Whatever the occasion, customers are bound to find that perfect item that has the shop s unique signature. The purchase price includes $22,000 of inventory, extensive build outs, attractive fixtures, and a great point of sale system and software. The current rent is just $1,500 per month for 2,100 square feet. For additional information on this neat boutique, call Michael Wettermark 251-680-2198 or mdwettermark@aol.com.

Financing: Seller will finance portion of purchase price to qualified buyer

Support/Training: Owner will provide adequate training for smooth transition.

Reason Selling: Owner has new baby.

AD # 382663

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