Growing Retail Speciality Shop In Galleria Area Houston For Sale

Business description

This upscale Swimwear & Accessories is located in the heart of Houston, Texas. We carry ultra conservative and sexy swimwear for women. Whether you are petite, full figure or large busted, we can help you select swimwear to suit your figure perfectly. The retail store carries a variety styles & designers in pre-teen, separates and one-piece and two-piece swimwear, sizes 1-24. The owner has built this retail store around her other related business that she wants to devote more time to. The new owner will fully benefit by this as the owner is willing to work closely with the new owner to insure continued growth.

Franchise terms

N/A

Property information

Real Estate:

Lease

Lease terms:

2 years left on 5 year contract with 2 5 year options. Rents are comparable and fair for market area.

Location:

This retail shop is located in the heart of the Westheimer Area of Houston less than 5 minutes from the Galleria. Lease is good through 2010 and very reasonable for the high traffic area of town. It has 2 five year options that can be exercised. Facilities include 1650 sq. ft. of space for retail and offices. Store is outfitted with top of the line display merchandising racks, counters, etc.

Other information

Expansion potential:

The business has shown a steady increase in sales over the past 3 years with minimal participation of the owner. The secondary business the owner wants to devote more time to will have a direct and positive impact on the business being sold. i.e.; one business feeds the other without conflict.

Competition / Market:

The products sold here are unique and hard to find. Margins are higher than usual as a result. The business is located in the prime area of Houston's retail district and easily accessible.

Support & training:

Seller is willing and excited to stay on in the transition period as well as play an active role in providing new business development for the buyer.

Reasons for selling:

Dedication to another business interest.

Trading hours:

10-9 P.M.

Financing available:

Negotiable.

Furniture / Fixtures value:

$25,000

Inventory / Stock value:

$30,000 (included in the asking price)