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AccuBrokers, Inc.

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Return to the: Home or Businesses For Sale Page Today is:
 

Upscale Men's and
Women's Boutique
Business For Sale Listing Profile  
 
Retail and E-Commerce

Quick Facts
Type: Established Business for sale
Category: Retail and E-Commerce
Location: South East US
ID: 1731488
Financials
Asking: $3,300,000
FF&E (Included): $510,000
Inventory (Included): $350,000
Gross: 2007* $5,127,499
  
Overview
This is an opportunity to take over very upscale men’s and women’s “destination” boutique. This 7 year old company has a national reputation and name recognition for being a leader in the high end casual fashion industry. They have enjoyed extensive editorial coverage by the fashion industry including articles in Elle, Vogue, the NY Post, US Weekly and Women’s Wear Daily. They have also had media coverage on E! Entertainment, MTV, and Access Hollywood.

They have great customer loyalty with over 20,000 clients in their database including “A” list celebrities. (All customers are entered into a POS software program) The store has generated over $800 per square foot in sales. The average retail clothing store does about $200 per square foot. They have also developed an E-Commerce web site and have already captured 10,000 e-mail addresses from purchasing customers.

They carry the largest selection of premium brands as well as cutting edge, fashion forward, hard to find brands as well as upscale clothing and accessories for the classic, sophisticated buyer. They have one of the largest “denim bars” in the country and carry the best and hard to find trend-setting labels.

* Gross sales:
2005 - $5,453,374
2006 - $6,395,530

General Information
Year Established:
2001
Employees: 9ft -1 pt.
The company has a very solid and committed team, including a general manager, shipping and receiving manager, web co-coordinator and four sales associates (at 100% commission). All employees are committed to knowledgeable customer service, client satisfaction and creating an exciting shopping environment.

Facilities: They occupy 7,500 square feet in a very desirable shopping center in one of the premier retail markets in the South East. They have tons of parking and easy access. They have created a beautiful store and spared no expense in the store build out. They have created a shopping environment that brings loyal customers back on a routine basis.

Market Outlook
Competition:
There are many small shops that do not have the buying power of this store and cannot get the most desirable brands. Large stores, including department stores do not have the product selection. This company carries the top (hard to get) brands and is very selective in what they sell. They offer the most unique “of the moment” labels that will not be found at other stores. Premium vendors want their lines in this store.

Growth and Expansion: There are many opportunities to grow this company. Over the last 7 years, the company has established a solid base and reputation in high-fashion retail and has developed a market leading presence in a major South East metropolitan market. This market will always be changing (latest trend in fashion), but it will never go away. The right synergistic buyer will be able to leverage the accomplishments of this company in many ways. Add new locations… as an add-on for existing business… flagship entry into the South East Market… gain a great location… enter a new market. It also holds incredible opportunity for a buyer that loves fashion and wants to take over and grow a very exciting business in this high end market niche. Use your business, marketing and sales skills to take this company to the next level.

About the Sale
Financing:
Deal structure, terms, and conditions are negotiable.
Support / Training: Owners are committed to a smooth transition. There is a solid team of employees in place for the day to day operations of the company. Owners are willing to stay in some creative/buying capacity on a long term basis for the right buyer.

Reason For Sale: Two of the 3 owners have started to raise a family. The owners are not business people. They are creative people, and are not prepared to take the company to the next level.
 

Contact AccuBrokers regarding this listing:
 
 

                 

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