Women's Boutique Clothing Shop

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30321086
Property Subtypes: Clothing and Fashion
Building Size (RSF): 1,400 SF
Sale Price: $69,000
Name of Establishment: Threads
Business Website Address: shopthreadsboutique.com
Year Business Established: 2016
Gross Revenue: $240,000 (Annual)
Cash Flow: $43,643 (Annual)
Cash Flow Type: EBITDA
Relocatable Business: Yes
Sale Terms: Cash to Seller
Last Updated: 9/11/2018

Overview / Comments

Women's Boutique Clothing Shop. Unique mix of dresses to jeans and everything in between. Located in a large retail strip center, this shop sits in a demographic area that is prime for this product. A true specialty stop with walk-in traffic and significant internet sales. The store does a great job of branding through social media. The shop decor is hip and welcoming. The location is close to other shopping venues, several private schools, hospitals and office buildings. This business model could be owner-operated or semi-absentee ownership. The store has exceptional customer loyalty that has been build through excellent customer service.
This is a great opportunity for someone who has an eye for fashion, a sense of good business fundamentals and a desire to improve on an already growing concept.

Additional Details

Industry Segment: Other Clothing and Fashion
Reason for Selling: Changes in life direction has motivated the owner to sell.
Value of Inventory Included ($): $25,000
Value of Furniture, Fixtures, and Equipment ($): $5,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: $3,000/mo Lease expires 7/2019, but can be renegotiated to landlord.
Mgmt/Training Support Description: Owner will stay on for two weeks to help train.
Competition/Market Description: There are other clothing stores and boutiques in the area. This shop, with the online presence, location and general atmosphere sets it apart from the rest.
Growth/Expansion Opportunities: Growth opportunities are amazing. An owner/operator with the right financial backing could take this concept to a much greater level. Increases in inventory levels and increased advertisement will enhance the walk-in traffic and increase sales.
Seller Financing Description: No Seller Financing Available- Cash Only to Seller.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,238 4,952
Median Age: 40.69 37.61
Households: 831 1,777
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