Popular Womens Boutique in Fast Growing Market

Raleigh, NC (Wake County)

Seller Financing Available
Women's Boutique
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Asking Price: $150,000

Cash Flow: $135,483

Gross Revenue: $369,504

EBITDA: N/A

FF&E: $13,500

Inventory: N/A

Rent: $3,200 /Month

Established: 2012

Popular Womens Boutique in Fast Growing Market

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Business Description

*REDUCED FOR QUICK SALE* This business located in a fast growing community within 30 minutes of Raleigh, NC. The business sells brick and mortar and online fashionable women's apparel, footwear, accessories and jewelry. They hold special events that generate impressive sales numbers. This business generates $172 per square foot in annual sales. The business turns its inventory an impressive ~35 times per year based on an average inventory level of $13,500.

Owner believes the business will benefit from an owner/operator that is more familiar with social media, search engine optimization and pay per click advertising.

There is approximately $15,000 available in landlord upfit credits that will transfer to buyer.

Detailed Information

Location:
Raleigh, NC
Real Estate:
Leased
Building SF:
2,769
Lease Expiration:
7/31/2021
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in a popular and trendy shopping district. In a highly desirable location the approximately 2,769 square feet of showroom is filled with high quality styles.
Competition:
Competition is limited when considering the type, quality and style of clothing available, but clearly an owner with online marketing skills would have a significant positive impact on sales.
Growth & Expansion:
This business has over 165,000 online followers across social media platforms and averages over 11,000 online website visitors per month. Continuing to build the online following and proactively marketing to the existing base will increase sales. Regular events and trunk shows also could drive sales. Social media, search engine optimization and pay per click marketing.
Financing:
Seller will participate in SBA financing.
Support & Training:
Seller will provide up to 80 hours of transition support in the first 90 days at no additional cost.
Reason for Selling:
Other interests.
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Contact the Seller

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Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Business Listed By:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

ENLIGN Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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