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Businesses For Sale   >>   Massachusetts Businesses For Sale

Trendy Woman's Apparel Boutique

Location  Massachusetts,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1300000
Net Profit / Cash Flow  $165000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1984
Number of Employees  10 - 19
Inventory  $215000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller will provide transitional orientation and training
Reason for Sale  Retirement

Description  
This popular and attractive women's apparel boutique is located in a prime spot in bustling, Cape Cod location. It has been in business for over 30 years. The business has established a following of year- round and seasonal residents and visitors. There is an organically grown email database of over 7,000 names. The retail store, which contains over 1,800 square feet, is nicely designed and is fully equipped with attractive and functional furnishings and fixtures. There are eye-catching display windows. Sales per square foot are 23% above the norm for a business of this type ($709 vs. $575). Cash flow for 2014 was 15% which is somewhat better than the industry average of 13%. Having a working owner/manager on staff should save a full-time position (or about $50,000). The current wholesale value of the inventory is estimated to be about $175,000. The inventory is included in the asking price. This fluctuates depending on the time of year. The business has a robust website which over the past three years has accounted for over 20% of sales. The current lease goes through January, 2017 and can be extended or the landlord will write a new lease on similar terms with options to extend. Included in the sale are all the assets of the business including equipment, furnishings, fixtures, POS System, trade name, leasehold improvements, assignment of the lease, customer lists, exclusive vendor list, technology, phone number(s), website and online store, proprietary marketing, social media, promotional and packaging materials, and other items required for operation of this Turn-Key business along with the store's unique niche, excellent reputation and good will. Call 508-477-6053 for additional information.


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