Women's Fashion Boutique

Saint Augustine, FL (Saint Johns County)

Seller Financing Available
Women's Fashion Boutique
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Asking Price: $60,000

Cash Flow: $40,000

Gross Revenue: $153,000

EBITDA: N/A

FF&E: $20,000

Inventory: $30,000

Lease Rate: $17.25 /SF/Year

Established: 2012

Women's Fashion Boutique

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Business Description

Clothing Boutique

Beautiful women’s clothing store located in anchored location, established customer base offering a true boutique style experience. Boutique has maintained growth in sales as the influx of year around visitors continues to increase, as well as loyal residents who love to shop “local”. The business and owners have great reputations among customers and the community. The boutique has an inviting, warm and approachable ambiance with outstanding brand and customer loyalty.

Boutique has been in continuous operation with the same owners since 2012. We are an established business with;
• Brand awareness--consumers are familiar with our brand.
• Brand preference--consumers prefer our company's products and services over others.
• Brand insistence--consumers are loyal to our brand over competitors
• Brand advocacy--consumers are fans who recommend our products and services to others.

The real estate market here is booming again with new communities of homeowners to market and sell to. Our large display windows facing the busiest plaza on Anastasia Island offer ample chances to wow both the existing customer base and visiting tourists.

A perfect opportunity for someone looking to make a great living that has a passion for fashion. Seller willing to finance a portion of the sales price for the right buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
2/1/2019
Employees:
2
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. It's prime location offers free shopper parking, a rare commodity, and is anchored by a major grocer which is the largest producing grocery in NE Florida. Unique, contemporary merchandise is our strength against similar shops. Personal, warm service is our trademark. 5 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 has been in its existing location for 6 years. Buyer could relocate into larger space directly next door for greater 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.
Financing:
Owner financing is available. Please contact the seller for more information.
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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