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- RE: Beautiful Boutique - Motivated Seller
- Contact: Molly Adames
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $227,264 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $29,329 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 2 | |
BBN Listing #: | 986208 | |
Broker Reference #: | 76931-620165 |
Business Overview:
Established in 2019, this vibrant boutique is a beloved destination for high-end home décor and personal gifts, located in a bustling strip center in downtown League City. Offering a thoughtfully curated selection, the store showcases everything from unique jewelry and personal accessories to seasonal holiday décor, floral arrangements, and beautifully selected home goods.
A strong supporter of local artistry, the boutique also provides space for local artisans to display and sell paintings, sculptures, and other handcrafted creations on consignment. The space itself is beautifully furnished, and these elegant fixtures are included with the purchase, along with a vast and diverse inventory.
The boutique has built a stellar local reputation and hosts popular seasonal markets twice a year – a Christmas market and a Spring market – inviting other vendors to join the festivities and enhance the shopping experience. Marketing is currently limited to social media and word-of-mouth, offering tremendous growth potential through the addition of a website, online sales, and expanded local outreach.
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Property Features and Assets:
Monthly Rent: $3,900.00
Square Units (Foot, Meter): 3,295
Lease Expiration Date: April 1, 2028, 1:00:00 AM
Market Competition and Expansion:
Expansion:
At this time, the Seller’s Discretionary Earnings (SDE) are almost $30,000 for 2024. With a slight uptick in sales, this bottom line SDE will push upwards of $50,000 – $100,000 as all the overhead and expenses are being more than met at the current revenue levels.
The boutique’s location along the Texas Gulf Coast is booming and continues to develop. Furthermore, the strip center in which the boutique is located is a very popular destination housing other high-traffic businesses including an anchor tenant restaurant and bar (which shares a connecting entrance with the boutique). In short, this boutique is perfectly positioned for continued success in a growing community.
Reason for Selling:
Seller Leaving IndustryAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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