Eastside Women's Boutique - $605,000 Sales with $87,000 Owner Earnings

Eastside Women's Boutique - $605,000 Sales with $87,000 Owner Earnings Location: Eastside Cincinnati
Listing Number: 111419del

Financial Information

Asking Price: $175,000
Gross Revenues: $605,000
Cash Flow: $87,000
Real Estate: Lease available or property available to purchase

Business Description

Operated by the same individual for nearly 20 years, this destination boutique offers a beautiful assortment of merchandise to go along with the ultimate in personalized service.  In addition, and most importantly, there are long term and established employees in place that wish to stay with the business and assist the buyer in growing the business.  Sales and profits have remained steady the past 3 years with much growth potential existing.  The business is offered as an asset sale, free and clear of debt.  Owner will train in all aspects of the business and will be available to ensure a smooth transition.  Highlights include:

 

Steady clientele

SBA loan qualified

POS System in place

Recently redecorated

Initially, over $150,000 spent to renovate the space

Much growth potential to sell more via the internet

Clean books and records – all numbers are verifiable

Real estate available to purchase in addition to the business asking price