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Boutique Shop with Real Estate on Resort Community!

Listing Number: 94356-611361

Description

This one of a kind boutique shop is located in the heart of the Wyndham Resort community, providing a built-in loyal customer base proven by its consistent profitability with SDE totaling over $75,000 in 2018 and 2019. The boutique shop is the only one of its kind located in the Fairfield Glade mall on the Resort, offering several zip code protected clothing and accessories among numerous product lines from handbags and travel items to gourmet food items.

The boutique is laid out across two adjacent interior units, the real estate of which is included in the purchase of the business! Keep the same layout to maximize the sale of product, or lease one unit to another tenant for supplemental income. The choice is yours! Enjoy the benefit of additional car counts as the adjacent road that delivers traffic from I-40 to downtown Crossville was recently expanded to four lanes.

The new owner will have the support of loyal employees, the majority of whom have worked at the shop for close to four years and have experience in inventory management, employee management and administrative work. Retirees living on the resort are always ready, willing and able to join the team when a position becomes available, minimizing staffing issues!

Listing Details

  • Price: $630,204
  • Down Payment: TBD
  • Sellers Discretionary Earnings: $79,902
  • Total Sales: $365,674
  • Location: Cumberland County, Tennessee

  • Inventory: $175,000
  • FF&E: $15,000
  • Employees: 6
  • Year Established: 2010
  • Reason for Selling: Retirement
  • Category: Clothing
Boutique Shop with Real Estate on Resort Community!

Business Listed By:

Colin Maher
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