Melrose Clothing Boutique Trendy Female Fashion

Location: California, United States
Category: Clothing and Accessories
Type: Established

Financials

Asking Price: $189,000
Cash flow: $84,965
Revenue: Not Disclosed
Gross Income: $235,330
Inventory: $25,000 - Included in the Asking Price
FF&E $10,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This unique apparel boutique is located in the center of L.A. s trendiest street for fashion, comparable to the hippest and funkiest areas of New York, London, and Tokyo. This business has generated consistent profit margins due to its stellar Melrose location. Learn the ins and outs of a successful clothing boutique, using strategic purchasing techniques and staying on the cutting edge of contemporary fashion and styles. The sale includes a VIP client list with over 200 repeat customers. Even with minimal advertising, this business enjoys a steady wave of local and tourist foot traffic all year.

Facilities:
The sale includes all the essential furniture, fixtures, and equipment used in the boutique, including a sophisticated surveillance system of in-store cameras and remote monitors. The 1,200 square foot facility has a monthly lease payment of $5,200. In addition to inventory valued at over $25,000, the sale includes a website, a VIP customer database, and enough fixtures to open a second store.

Financing:
Not Offered

Support:
2 Weeks at 30 Hours/Week

Competition:
Competition is considered high in the area, though the popularity of Melrose provides for an immense market base. This store s location, however, wnsures that it will remain in Melrose s epicenter.

Growth:
Many opportunities for growth exist. At present, the business marketing is limited to trade-outs with local fashion and design publishers. Additional revenue could be generated via internet based sales and distribution channels (e.g. Ebay, Shopzilla, etc.) which could capitalize on the store s Melrose location, reputation and mystique. New owners may also seek to open additional locations, implement customer loyalty programs, etc.

General Information

Reason Selling: Personal

Number of Employees: 2
Year Established: 2001