Listing Number: 6401-518621
Description
This Boutique is known as the bridal gown destination for the Palm Beaches. Serving South Florida in the same location for over 2 decades, one of the most established Bridal and Mother of the Bride/Groom Boutiques with over 1000 Couture dresses in stock. Over 5000 square feet of gowns and dresses, with multiple changing rooms, runways comfortable furnishings, and well appointed Champagne Bar. By appointment only to ensure that every bride receives one to one attention, a fitting room, and outstanding service.
Leasehold Improvements of over $100000 include custom-built rack space, 10 comfortable fitting rooms, sewing/alterations room, 3 restrooms and Kitchenette. Amazing inventory of $600000 of designer dresses and gowns.
Clean Books and Tax returns. Strong year over year revenues and favorable assignable Lease will allow new owner a smooth transition in an established well known location. Owner built this successful Boutique from scratch and after 22 years is ready to retire and pass on this fantastic turn key opportunity. Perfect for an existing Boutique expansion or additional location.
Listing Details
- Price: $ 750,000
- Down Payment: $750,000
- Sellers Discretionary Earnings: $ 201,317
- Total Sales: $ 663,367
- Location: Palm Beach County, Florida
- Inventory: $ 600,000
- FF&E: $ 15,000
- Employees:
- Year Established: 2001
- Reason for Selling: Retiring
- Category: Clothing
