* Included in Asking Price
If you have been dreaming of becoming your own boss and are passionate about fashion, or simply want to embark in a new venture with a solid foundation, this is the perfect opportunity!
The current owner has designed the business with a specific and unique vision in mind - Offering the highest quality undergarments, meeting the needs and comfort of women of all sizes.
Adding advertising, proper marketing, online purchasing....There is much room to quickly grow and expand the business for an ambitious Buyer who wishes to jump on the opportunity, dedicate the time and easily turning this already established and profitable business into a province wide, Maritime wide, nationwide and online massive business (i.e Etsy, Shopify, Amazon..). Furthermore, adding other clothing lines, opening more stores as the demand is definitely there, and possibility of franchising the store are just amongst so many possibilities with this business.
The Boutique also carries seasonal wear, elegant wear and bathing wear, adding to the primary source of revenue, the brassieres. We believe expanding the social media presence, the online direct to consumer sales are just a couple of areas of growth.
The owner will be happy to train and assist for a smooth transition to ensure the Buyer is fully capable of continuing to meet the demands of the clientele. All staff are extensively trained and certified specialty undergarment fitters.
Presently 3 Full Time and 2 Part Time staff.
2018 Revenues: $612,679
2019 Revenues: $613,430
* Seller's discretionary earnings are the pretax and pre-interest profits before non-cash expenses, one owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner will necessarily need to take on a new expense.
Leased space with past extensive improvements.
$2,000/month all utilities included.
$249,000 + Inventory
Seller Reference #1199
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