High-end Clothing And Accessories Boutique
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $426000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Inventory 76000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Starting a family.
Description 5000 sq ft High-End Clothing Boutique is in an excellent, upscale location in Williamsburg Brooklyn. Established and very well-known for the updated, unique fashions There is a lot of heavy foot traffic and late night activities that give this store great exposure. The store sells a variety of women's,men's and kids apparel items including dresses, jewelry,handbags,shoes, and more with high markups on varied items. A new owner can increase sales by adding additional items such as candles and toiletries and also by adding an internet sales site. The business is in turn key condition and is a must see!If you are passionate about style, fashion, setting trends, travel, and shopping, then you are invited to see this outstanding boutique that carries unique of-the-moment, contemporary clothing, jewelery and accessories. In addition to having an excellent reputation and national recognition, the boutique boasts a clientele list. 1300 established customer base (with first name, last name and contact information) fashion savvy men and women between the ages of 21-35 years old.Customers on file include residents of France, Belgium, Italy and Australia. Designer exclusivity: 28 lines of exclusivity in Williamsburg. 2 lines of which are exclusive in Brooklyn as well. This store has received exceptional press recognition. Named Best New Store in Brooklyn by NY Magazine. Named one of the Top 100 Boutiques in New York by Lucky Magazine Rated in the NY Zagat Shopping Guide- great rating.Current retail listings go for $45-$65 per sq ft on the North side which is prime real estate in Williamsburg. Is under $45 per sq ft for the duration of the lease agreement period and the 1st Renewal period (until May 2016))))A? 1000 residential units expected to go up within an 8 block radius. Already located in a complex with 5 other storefront businesses and 1 of among 9 storefronts on the block. This store is in a prime location at the center of local Williamsburg development already underway.
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