Business For Sale Listing 148816
Magazine Street Boutique
Status as of Sep-6-2008 at 05:59 PM: Active
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Business Summary
The store offers stylish clothing for women and features unique handbags and accessories. In addition to the purses, clothing, and jewelry, the Company also sells a full line of women's dressy and casual footwear by some of today's top designers. The Company caters to both the residents as well as the tourists in the area at its location on world renowned Magazine Street. Additional sales are generated through online orders from the Company s website. The Company has amazing designs, low prices, great service, and a loyal client following.
Facilities: The building is in good condition and consists of one level totaling approximately 625 square feet. The storefront features a large glass window and the handicap accessible bathroom within the store has been decorated with many unique accent pieces. The building has parking available on the street and in the surrounding neighborhood.
Competition: The Company has two competitors in its immediate area. The Company offers slightly lower prices than these two establishments.
Growth and Expansion: THE COMPANY'S STRENGTHS 1. Great clothing/distinctive footwear and accessories 2. Great location and relaxed atmosphere 3. Return clients THE COMPANY'S AREAS FOR IMPROVEMENT 1. An increase in advertising/marketing efforts for the business may generate an increase in sales. 2. The opinion of the owner is that this business has not established a market niche. A focus on either accessories or footwear, in addition to the clothes may help to create an additional customer base. 3. The current operating hours could be expanded to increase sales.
Support/Training: The owner is willing to train for 1 week after the business is sold.
Included in the Asking Price:
Furniture, Fixtures & Equipment: $10,000
Inventory: $10,000
Categories
Industry
Location
Financials
| Sales: |
Under $100 Thousand ($65,000) |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Less than $100 Thousand ($59,000) |
