Profitable Niche Clothing & Accessories Boutique - Long Island

Nassau County, NY

Profitable Niche Clothing & Accessories Boutique - Long Island
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Asking Price: $599,000

Cash Flow: $350,000

Gross Revenue: $1,150,000

EBITDA: N/A

FF&E: $200,000

Inventory: N/A

Established: N/A

Profitable Niche Clothing & Accessories Boutique - Long Island

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Business Description

If you could imagine a women’s fashion destination where the customers cannot wait to see and purchase the latest fashions and accessories; and where most of the product is sold before it even arrives, then you can start to understand the power of this business which is available for sale. This extremely profitable business has bucked the trend of typical fashion stores in every way. Mainly, they are profitable, because they carry low inventory (around only $50,000), have low overhead (rent at only 3% of sales). Most importantly they enjoy repeat business from raving fans; and with an incredibly welcoming environment, they continue to attract new customers daily.

The seller is looking to teach the secrets of success to the next owner and will offer a smooth transition to insure the new owner’s success. If you love the fashion space but have been intimidated by the competitive nature of the sector, this is the stand out business to consider. It is very rare to find a business earning $350,000 with this kind of quick ROI. Please ask for listing #14102 when inquiring about this opportunity.

Detailed Information

Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
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Ken Stein

Business Listed By:
Ken Stein/Kensington Company

The Kensington Company

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