SOLD Fashion Boutique Near the Beach

photo

NEW ON THE MARKET! A trendy boutique near the beach for only $60K! The locally-owned and operated shop has been in business for 10 years and has become a go-to place for young women to shop in-store and online. Fully-staffed and merchandised with the latest apparel, swimwear, and accessories makes it ideal to own by the peak fashion sales of Summer and Fall season!

The annual gross revenue is +$237K and the value of $4,487 FF&E and $38K inventory are included in the asking price.

Contact: Chantay@MomentumProjects.com for details.

Location: New Hanover County, NC

List Price: $60,000 SOLD

Gross Revenue: $237,000

Cash flow to owner: $15,000

FF&E: $4, 487

Inventory: $38,000 (included)

Established: 2014

Relocatable: Yes

Seller financing: No

Employees: 4

Reason for selling: The owner is selling for family reasons.

Training: Two weeks of training provided at no cost to the buyer.

Lease: Rented. The lease rate for the 785 ft.² is $1600/mo. (including CAMs)