Stylish Attire w/ Online Presence Profiting $244K

Des Moines, IA (Polk County)

Stylish Attire w/ Online Presence Profiting $244K
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Asking Price: $805,000

Cash Flow: $244,726

Gross Revenue: $874,642

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2015

Stylish Attire w/ Online Presence Profiting $244K

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Business Description

With a functional staff, owner is only in store part time!

With a functional staff, owner is only in store part time! Offering women’s clothing in the Des Moines, Iowa area, this darling boutique with stylish offerings compels you to buy something perfect for the season. This shop caters to those purchasing ladies clothing including tops, bottoms, dresses, shoes, and accessories all at reasonable prices without sacrificing charm. In addition to the brick and mortar location, the webstore is a good source of revenue as well as an opportunity to capture an out-of-town market. The site features easy navigation and sales through a popular e-commerce platform since 2015.

The Assistant Manager takes care of the day-to-day operations and oversees the three part-time retail associates. The owner currently works at the shop part-time and oversees ordering, financials, and social media remotely.

With an excellent cash flow, profit margin, and social media reviews, this business is drawing customers to the shop and website. Areas of continued growth could be found in expanding the customer demographics to include college-aged and recent graduates or expanding some size offerings. Increasing advertising and the overall web presence may have a positive impact as well as holding pup-ups in different areas of town to expose potential shoppers to this bright and unique boutique.

Attached Documents


Detailed Information

Location:
Des Moines, IA
Employees:
4
Growth & Expansion:
Expand to a younger demographic (20-30), expand into wider size range, increase online presence and revenue, pop-ups
Financing:
15% Seller Financing: $120,750
Support & Training:
90 days
Reason for Selling:
New opportunities
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Cortney Sells

Business Listed By:
Cortney Sells

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