20 Years Successful Upscale Resale in Downtown Santa Fe

Santa Fe, NM (Santa Fe County)

20 Years Successful Upscale Resale in Downtown Santa Fe
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Asking Price: Get Financing: $325,000

Cash Flow: $115,268

Gross Revenue: $350,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Lease Rate: $1.64 /SF/Month

Established: 1998

20 Years Successful Upscale Resale in Downtown Santa Fe

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Business Description

Local and Visitors' Favorite Resale Destination for 20 Years.

This upscale consignment boutique has been Santa Fe's premier women's clothing and accessories resale destination for twenty profitable years. Located in the heart of the city's downtown Plaza and Railyard district, its well-trained and knowledgeable staff have earned a widespread reputation for friendly and excellent customer service among the loyal and ever-growing clientele. Current owners have spent an average of 3 to 4 months abroad and absent from the business each year in recent years. A full time owner/operator would have enjoyed a cash flow in excess of $100,000 annually during that period. The lease facility is well appointed and provides a terrific shopping experience.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is located within a leased facility with a year remaining on the lease, and an option for a two year renewal.
Competition:
Santa Fe is an extremely "resale oriented" community. This store has consistently maintained more than its fair share of that business.
Growth & Expansion:
Addition of a more product lines for men and young people. Expansion of footprint into adjoining space. Use of website for online sales.
Support & Training:
Sellers will provide 30 days of training at no additional cost. Additional consulting support may be arranged as needed.
Reason for Selling:
Owners retiring
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Business Listed By:
Drew Ford

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