Women's Boutique - Buy an established Brand

Saint Augustine, FL (Saint Johns County)

Women's Boutique - Buy an established Brand
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Asking Price: $10,000

Cash Flow: $40,000

Gross Revenue: $153,000

EBITDA: N/A

FF&E: $3,000

Inventory: $2,000

Established: 2012

Women's Boutique - Buy an established Brand

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Business Description

Clothing Boutique

If you are hoping to open a women’s clothing store, this is the perfect option for you! Our boutique has an established customer base of year-round visitors as well as loyal residents who love to shop “local”. The business has a great reputation among customers and the community.
Years of successful business have created brand loyalty, preference, awareness and advocacy.

We are selling the boutique's brand (established name, social media sites, text-based campaign system, and email lists for over 2000 customers). For any startup boutique, this is an incredibly valuable asset. It takes years to build a network of customers, we are offering the ability to open the doors of a new boutique with a proven successful customer database.

In addition, all vendor relationships will be transferred to new ownership (over 1000 apparel, shoe, gift and jewelry vendors, most with $300 opening order minimums). We will also provide consulting on how to establish new vendor relationships, trade show management to reach vendors and rep management.

The POS (point of sale) system, which is the backbone of the operation is also included in the selling price, and training on how to use the system.

The store did not renew the existing lease but may easily be negotiated back into the same space, or 4 optional spaces in the same anchored plaza. We will assist in floor planning, opening and merchandising if requested. Most of the existing store fixtures are still available (at additional cost) should a new owner want to maintain the layout of the boutique.

This is an incredible opportunity for someone who would like to start a new boutique with an established customer base. It will minimize the risk and the learning curve associated with opening a new store. If this is of interest to you, we look forward to hearing from you.

Detailed Information

Location:
Saint Augustine, FL
Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Gross Revenue: $153 FF&E: $20,000 Inventory: $30,000 Lease Rate: $17.25 /SF/Month Annual lease (multi-year available) Established: 2012
Competition:
This niche boutique is unique to Anastasia Island. Unique, contemporary merchandise is our strength against similar shops. Personal, warm service is our trademark. 7 years of loyal customers and local artist support. Very little competition on the island continues to strengthen our brand. Most drive 20+ miles for retail shopping.
Growth & Expansion:
The boutique was in the same location for 7 years. Buyer could stay in same anchored plaza or relocate for different exposure. Additional advertising along with social media marketing always drives new customer base to business. Introducing new brands and additional local artists could be added to increase exposure and retail variety. Online e-commerce would capture tourist market year-round.
Support & Training:
The owners will help transition the Buyer by offering training, introducing the Buyer to artists, vendors and customers, and by giving the Buyer a detailed manual of store Operations. Owners will train on current POS system and share sales philosophy, sales tactics, merchandising and local marketing advice, and transfer needed accounts.
Reason for Selling:
Family is re-locating.
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Business Listed By:
DeAnn Matza

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