Trendy Women Clothing Retail Boutique

Austin, TX (Travis County)

Retail Boutique
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Asking Price: $100,000

Cash Flow: $33,300

Gross Revenue: $104,477

EBITDA: N/A

FF&E: $10,000

Inventory: $45,000

Rent: $2,600 /Month

Established: 2018

Trendy Women Clothing Retail Boutique

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Business Description

This small boutique caters to local clients in the Westlake Hills neighborhood of Austin and offers trendy women clothing, artificial jewelry, hand bags and accessories. The merchandize is stylish and affordable.
In business for almost a year, this shop has monthly average sales increase to almost $16,000 and continue to improve. The firs 11 months have shown a profit of over $33,000 of which $21,000 was in the last 6 months. At current trend, the business should be on track net $50,000 annually by the end of this year.
The business comes with approximately $45,000 of inventory at cost and FFE of over $10,000. Also includes a computer and POS system.
With manageable overheads, its a good business for an owner/operator. An ideal candidate would be a housewife with a social network that can set her own hours and cater to the existing and new customers.
Seller will train the buyer in operating the business and in the buying process. Typically, Fall to Spring are the busy times in this industry and now will be a good time to take over the business as it gears up for fall season.
Due to husband's job transfer, the seller is looking for a quick exit, and has priced it to sell.

Detailed Information

Location:
Austin, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
750
Lease Expiration:
6/30/2021
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Busy retail center in a great residential neighborhood.
Competition:
Sales increasing month over month.
Support & Training:
Seller will train the buyer on all aspects of the business.
Reason for Selling:
Relocation
Business Website:
http://abbtx.com/19228
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(from currently available funds)
 
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Sunil Z. Verma

Business Listed By:
Sunil Z. Verma

Austin Business Brokers

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