Three Upscale Boutiques With High Annual Cash Flow For Sale

Business description

Over $2,500,000 Annual Cash Flow. Get into a recession proof and well established business with steady sales.
Three upscale URBAN Apparel boutiques, each located in busy malls and each location has been strategically hand-picked according to the best demographics that create optimal sales and growth for the products that each store offers. Over $10,500,000 in annual sales. These boutiques carry hi-end urban brands from fashionable line to casual ware to boardroom such as Timberland, 7 for all man kind, true religion, rock & republic and many exclusive Italian lines. This business has secured exclusivity rights for most of these major brands. Loyal clients including many celebrities and stars in the entertainment industry. Clean books & records. Owners are willing to stay for up to six months for training the new owner and ensuring a smooth transition.

Property information

Real Estate:

Lease

Lease terms:

12,500 sq. ft for $22,000 per month
13,600 sq. ft for $31,000 per month
5,200 sq. ft for $25,000 per month

Location:

Prime high traffic Malls

Other information

Competition / Market:

None

Support & training:

Sellers are very open to stay for at least 4-6 weeks

Reasons for selling:

Other business Ventures

Trading hours:

M-F. 10-9/ Sat 10-8/S 11-6

Financing available:

Seller is open to negotiation

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$3,000,000