Trendy/Upscale Womens Clothing, Accessory & Home Decor Boutique

Orange County, CA

Trendy/Upscale Womens Clothing, Accessory & Home Decor Boutique
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Asking Price: $199,000

Cash Flow: $90,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $100,000

Inventory: $100,000

Rent: $3,000 per Month

Established: 1983

Trendy/Upscale Womens Clothing, Accessory & Home Decor Boutique

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Business Description

Located in a very quaint, historic downtown area

Very popular and well established business in a prime location. 2500 sq ft of elegance located in a beautiful stand alone building with lots of private parking. Originally established in Europe in 1983. Our European location closed last year after 37 years in business. Clothing is sourced from all over the world, jewelry is primarily supported by local artisans. Store has been in the present location for 7 years. Very loyal clientele. Comes with an extensive customer list to include phone numbers and email addresses. We pride ourselves on our outstanding, one on one customer service. Customers are constantly returning to check out our latest fashions that arrive very frequently. Due to our expansive space we are able to hold large events such as quarterly fashion shows and many other lucrative events throughout the year. Our customers only enter once as a stranger.

Detailed Information

Location:
Orange County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
4/30/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2300+ sq foot store is fully equipped with very high end/custom iron/glass clothing racks and display cases. Several Tables. Many racking systems. Armour. Numerous mannequins. Clover POS system. 100 Folding chairs. Custom stage built for Fashion Shows. Large Koi pond patio with furniture. Cameras. Artwork. 35 Parking spaces. Building is only 17 years old. All inventory is included.
Competition:
Located in a very quaint, Historic Old Town in Orange County. Very affluent area. Surrounded by many upscale restaurants, hair salons, spas and workout facilities. Only 2 other boutiques in the immediate area but each one very unique and carrying different lines and merchandise.
Growth & Expansion:
Plenty of room to expand and grow sales. On-line sales have been very successful in the past but hard to manage. With the right inventory management system in place this could be a very profitable addition. More accessories can be added. Home decor section can be expanded.
Financing:
Seller will consider doing partial financing
Support & Training:
Owner is willing to stay on as a buyer if needed. One employee can stay if needed. Owner will introduce the new buyer to all vendors and escort them on buying trips if needed.Willing to do any and all training to make it a smooth transition.
Reason for Selling:
Retiring
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