||Employees||4 full, 11 part
* Included in Asking Price
We are a 50% resale/50% retail clothing and accessory boutique for Women located in the Central Texas Marketplace with 25,000+ customers in our database. We have won "Best of Waco" 2009-2014, "Best Clothing Boutique" 2013, "Locals Love Us" 2011-2014, "Waco's Best" 2003-2006, and many more!
We are frequently featured on the news for trends, advice, and style as well as create and participate in approximately 6-8 fashion shows per year. We have developed relationships with local celebrities and offer personalized styling/closet clean-outs with an emphasis on individual expression.
Our primary demographic is Women ages 20-40 and our brands can range from Forever 21 to Louis Vuitton to Specialty Boutique brands. It's a great place for Moms and Daughters to shop together!
We are located in a high-traffic, high-volume outdoor mall on I35/Hwy 6 with restaurant and retail stores and across the street from a major hospital.
Check out our online presence to get a feel for our store:
This boutique is prime for takeover & I'm leaving it in a great position for the next buyer. Everything is updated and turn-key.
|Facilities:||Current Location is in the Central Texas Marketplace on I35/Hwy 6 and is in a 2800+sq ft leased space next to Starbucks and Vitamin Shoppe. Have 5 years left on the lease with a 5 year option. Should a new buyer wish to move the business, there is a potential for the store next door to take over the lease - they want more space!
Physical Assets include approximately $75,000-$100,000 in inventory, server, 7 computers, credit card machine, supplies, racks, adorable shabby chic furniture, lots of decor, etc. filling a 2800 square foot space.|
|Competition:||Really, I've weathered any storms that should be coming - over the last many years, we had the outdoor mall come with Ross and Marshalls as well as Plato's closet (a nationally recognized resale chain). We're having our best year ever & up 30% for this year!|
|Growth Potential:||Major growth potential. We sell via social media, but haven't officially launched an online store. There have been many articles talking about how ecommerce is exploding, and that is the next direction I will be moving. My current goal is to hit $1,000,000 in revenue within 2 years.
|Training/Support:||Thorough training will be provided to help the buyer be successful and to ensure a smooth transition. The length of time would be a negotiation point depending on the buyer's experience and need as well as the selling price of the business (estimated 2-6 months). I also have an amazing, well-trained management team that would be able to assist. My ultimate goal, however, is to see this business in the hands of someone who can continue what I've done, pick up where I've left off, and take it to the next level. This boutique has actually meant a lot to our community and is well-loved... I want to continue to see it make a difference!
I have well-written procedures, policies and documentation that will provide ongoing support, and my finances balance to the penny!|
|Seller Financing:||Highly prefer a self-financed approach, but MAY consider a partial owner-finance to the right buyer.|
|Sale Reason:||I have some amazing opportunities that have been presented to me that I'd like to pursue!|
Seller Reference #0001
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