Upscale High-End Home & Gift Boutique Store For Sale

Business description

This high end Home Accessories and Gift Store is located in a high traffic “town center” of a Miami Area Community. The store is situated on a highly visible corner with great window exposure in the front and side of the store. The surrounding neighborhoods are composed of the highest income zip codes in Miami - Dade County. The store boasts an extensive and very valuable “high net worth” client list as well as excellent and highly cultivated relationships with vendors (high-end and middle market inventory lines) and in many cases with exclusive terms. This is a complete turn-key operation with great brand recognition, recognizable logo (which is a trade mark), marketing and printed materials/assets. This upscale boutique has an exemplary reputation in the community and among its customers because of the high standard of customer service, welcoming atmosphere, and unique product mix. This is a well established business since 1995 with a great deal of opportunity for growth.

Property information

Real Estate:

Lease

Lease terms:

Lease extension offered every 3-5 years. Just extended in June 2008 for three years.

Location:

BEST LOCATION IN NEIGHBORHOOD!! The store sits on the most visible corner in the neighborhood. 800 selling square feet. Great window exposure on both sides of the corner. The neighborhood is comprised of charming, high-end retail boutiques from furniture to baby apparel.

Other information

Expansion potential:

There is a great deal of opportunity for expansion with this business. Retail Website, Online Bridal Registry, Corporate Gift Programs, Interior Design Programs, Longer Open Store Hours and so much more. Store opens Monday through Saturday from 9AM to 5PM.

Competition / Market:

While there are other gift and home décor stores in the neighborhood, they sell different styles of merchandise and product selection. It should be noted that the majority of our vendors and especially our key vendors provide territory protection. The variety of retail merchants in the neighborhood makes this town center an important shopping destination for an upscale clientele.

Support & training:

Seller will provide training to new owner for 4 weeks, as part of the sale, and will be flexible with training time subsequent to that.

Reasons for selling:

Retirement.

Trading hours:

Monday - Saturday 9AM to 5 PM