Long-Standing Successful Women’s Specialty Boutique

Grand Traverse County, MI

Seller Financing Available
Long-Standing Successful Women’s Specialty Boutique
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Asking Price: $600,000

Cash Flow: N/A

Gross Revenue: $500,000

EBITDA: $124,000

FF&E: $50,000

Inventory: $128,000

Rent: $2,800 /Month

Established: 2008

Long-Standing Successful Women’s Specialty Boutique

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Business Description

Confidential Listing

Fantastic opportunity to own a well-known and established up-scale women’s apparel and accessories boutique. Over a decade in business.

Our popular boutique carries high quality fashion and accessories with well-known resort-wear brands which are zip-code protected from competition.

We have a large and very loyal customer base combined with a good online presence. Experienced staff and superior customer service make this boutique easy to operate! Seller is committed to helping a new owner achieve success and will provide post-sale training and consultation. Partial Owner Financing possible to qualified buyer.

This is a great opportunity for someone in the retail industry who wants to own/operate their own store, in a popular seasonal resort community. Huge opportunity to expand brand in other locations and grow a private-label brand (currently in design/development).

Greater Grand Traverse Area – SBA Qualified

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Detailed Information

Location:
Grand Traverse County, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
-5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,000 Sq Ft with great visibility. Private bathroom. Full basement for storage. Off-street parking space
Competition:
Seasonal Store (7-months) however, could remain open 12-months if desired by owner.
Growth & Expansion:
Well known Store Brand is expandable to other locations. Private label clothing under development.
Financing:
Partial Owner Financing possible to qualified buyer
Support & Training:
Owner will train and be available to consult with new owner(s)
Reason for Selling:
Retirement
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Business Listed By:
Owner

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