SA1703 Popular Women’s Clothing And Accessory Boutique With $100K+ SDE

Business Overview:

This is a unique opportunity to acquire a very popular, well established, and profitable women’s clothing and accessory boutique. Located in a highly trafficked area, popular with tourists, the owner is ready to retire and pass the torch to a new owner with passion and vision to carry on the tradition. The owner currently works approximately 20 hours per week and has a manager that has been there for 27 years. There are also 4 PT and 2 seasonal employees. Eighty percent (80%) of the revenues are from clothing with twenty percent (20%) coming from accessories. There are quite a few protected brands that offer a competitive advantage. Currently the business operates Tuesday through Sunday and is closed on Monday. The location is a leased 1,750 sq. ft. space with a base monthly rent of $7,000.00 per month. The current lease expires in August of 2025.

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Property Features and Assets:

The location is a leased 1,750 sq. ft. space with a base monthly rent of $7,000.00 per month. The current lease expires in August of 2025.

Reason for Selling:

Retirement

Additional Details:

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