Listing Number: 6401-518621
Description
Updated Opportunity! At over 5000 square feet, this Boutique is known as the bridal gown destination for the Palm Beaches. Landlord willing to break off 1300 square feet to best fit Buyer's budget and needs. 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 dresses in stock, plus relationships with several couture designers for exclusive availability in South Florida. Keep the 5000 square feet as is, or reconfigure. Aisles 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 23 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: $549,000
- Down Payment: $549,000
- Sellers Discretionary Earnings: $200,700
- Total Sales: $655,044
- Location: Palm Beach County, Florida
- Inventory: $600,000
- FF&E: $15,000
- Employees:
- Year Established: 2001
- Reason for Selling: Retiring
- Category: Clothing
