Women's Boutique: Clothes, Accessories, & Shoes

Memphis, TN (Shelby County)

Women's Boutique: Clothes, Accessories, & Shoes
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Asking Price: $80,000

Cash Flow: $36,260

Gross Revenue: $195,012

EBITDA: N/A

FF&E: $35,000

Inventory: $19,000

Rent: $2,300 /Month

Established: 2016

Women's Boutique: Clothes, Accessories, & Shoes

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Business Description

Women's Boutique. Perfect for first time business owner. Great location.

This women's boutique is located in the fastest growing area of Southaven, in a very large shopping center anchored by a major grocery chain, at the intersection of two large thoroughfares.. The store offers contemporary and fashionable clothing, accessories, and shoes at affordable prices. In keeping with their fashion theme, quantities are always limited, giving the store a fresh look every time you visit.

Call Sam Cantor today at (901) 722-4826, to learn more about this great opportunity.

Detailed Information

Location:
Memphis, TN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
4/30/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is operated in 1,200 sq. feet in a large shopping center. It is attractively decorated, and there is no deferred maintenance.
Competition:
The store is a destination shopping experience. Their limited quantities of the latest fashions and accessories make for a unique shopping experience.
Growth & Expansion:
The store has a very large social media presence (over 6,200 followers), and a web site that supports online purchasing. A new owner could continue to drive even more business by capitalizing on this online presence. There is a new development going in just down the street from the store that will include both commercial and residential construction. Not only will more people be moving in nearby, but traffic driving by the store should increase dramatically.
Support & Training:
As part of the purchase price, the Seller will train a new owner.
Reason for Selling:
One of the owners has two small children and wants to spend more time with them.
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Sam Cantor

Business Listed By:
Sam Cantor

Sam Cantor & Company

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