Gross Revenue: $599,186
EBITDA: N/A
FF&E: $46,726
Inventory: $100,000
Rent: $2,652 per Month
Established: 2017
Profitable Upscale Women’s Clothing Boutique in Prime Location
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Business Description
A great opportunity to acquire a women’s clothing boutique that focuses on providing customers with a wonderful experience. A destination boutique, where customers travel to from all over the state, and neighboring areas, the focus is on helping women find and assemble outfits that are tasteful and fashionable. The focus is on helping women find and assemble outfits that are tasteful and fashionable. Once a customer experiences the exceptional service, they return as regulars. Many customers are bringing their mothers, daughters, and granddaughters to shop and experience. This shop offers clothing as well as accessories, jewelry, gifts and home décor. This business is situated in a prominent place in an outstanding retail location and has a website that showcases their products, style and taste.
This business was established in 2017 and the owner brought forward their experiences in upscale retail and merchandising to a town that needed to offer women fashionable products, outstanding service at prices they could afford. The business took hold and became a popular location. The business experienced a minor setback from the pandemic in 2020, but recovered in the second half of 2021 and grew in 2022.
There are a few stores in the area offering some options to choose from, however most of them are focused in specific and different product offerings. This store has been successful from its personal service and in it’s ability to help clients create beautiful outfits.
This business has strong growth opportunities. 50% of the customers who shop in the store are new customers. With the addition of their website, this offers a great opportunity to leverage the power of social media to increase exposure and coverage of the business and offerings.
Commercial retail location that has evolved to an anchor location for the property.
Detailed Information
Location: Grants Pass, OR Inventory: Included in asking price Real Estate: Leased Building SF: 1,500 Lease Expiration: 3/30/2023 Employees: 4 Furniture, Fixtures, & Equipment (FF&E): Included in asking price Support & Training: 4 weeks Reason for Selling: retiring Contact
