Premier Women's Boutique for Sale

Premier women’s boutique with 2 stores & 60+ year profitable history

Business Details

Price: $2,100,000

Gross Revenue: $4,600,000

EBITDA: $420,560

SDE: N/A

Real Estate: N/A

Years in Business: 63

Transition: Retirement

Owner Financing: N/A

SBA Eligible: N/A

Women’s clothing and accessory stores offering clothes, shoes, bags, jewelry and accessories is for sale. 2 well-located stores in affluent demographic locations. $4.6 million in combined revenue with a very positive outlook. Two strong local managers allow the owners freedom from daily operations. Updated merchandising, known for carrying the latest designs and keeping up with emerging trends. Customer base is broad and the Company appeals to all ages. Online presence is developing and approximates 10% of sales. Customer email database has over 14,000 clients.

Location: Cuyahoga County, OH
Inventory: Included in asking price
Employees: 35
Facilities: Company operates 2 leased locations in affluent communities. Landlords willing to work with new owner. Stores are in excellent condition and the sale includes all fixtures, inventory, and POS systems.
Competition: The Company has rebounded fully from the COVID pandemic and expects to have a strong year, surpassing pre-COVID years.
Support & Training: Owners willing to provide transition services.
Reason for Selling: Retirement

Contact Your Hanna Business Advisor:

Dennis Dunn

440.554.6833

DennisDunn@HannaBB.com

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