Women's High End Fashion Dress Boutique Franchise for Sale

Richmond, VA (Richmond City County)

Seller Financing Available
Women's Fashion Boutique
Contact Seller

Asking Price: $195,000

Cash Flow: $50,000

Gross Revenue: $306,000

EBITDA: N/A

FF&E: $18,000

Inventory: $56,000

Rent: $2,298 /Month

Established: 2012

Women's High End Fashion Dress Boutique Franchise for Sale

Save Print Share Valuation Report

Business Description

After working at an upscale boutique and noticing the lack of options for custom dresses in the Bay Area of San Francisco, the founder opened the first franchise location in 2000. She strove to provide memorable and stress free experiences with an offering of dresses for every style and budget. Early demand from clients across the country led her to open 5 stores before deciding to franchise in 2006. Franchising provided the opportunity to grow the brand and reach more customers. In 2012 a fabulous mother/daughter team who had owned the Chicago location since 2007 bought the franchise. This power house duo has re-branded, redesigned the website, and designed and launched our online software and virtual showroom, which made the franchise more digital. They have worked tirelessly to stay up with the retail climate to help provide the best opportunities in advertising, technology, and designer relations. The franchise continues to grow with 56 stores and counting!

Detailed Information

Location:
Richmond, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Ground floor storefront on one of Richmond's most prestigious and desirable streets in the west end. Showroom is modern and inviting. All hardware included, including proprietary company software.
Competition:
This is only women's fashion store of it's kind in Richmond, Virginia.
Growth & Expansion:
The franchise territory includes the great Richmond area and Charlottesville, an excellent location for another storefront.
Support & Training:
Owner is prepared to be hands on throughout the sale & subsequent owner transition, offering guidance and training to the new owner(s). This is in addition to training provided by the Franchise team. Vendor relations are established and introductions will be made.
Reason for Selling:
Family Obligations
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Jim Maxwell, JD/EA, CRE

Business Listed By:
James S. Maxwell, JD/EA, CRE

Maxwell & Associates, PLLC

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1646305 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Pearle Vision

Franchise Opportunity
Capital Required: $391,795