Listing Number: 59071-847274
Description
A great opportunity to acquire a highly successful women’s clothing boutique that is a destination business in the heart of Downtown Grants Pass, Oregon. The location is the best in the historic downtown center, across from the founding Dutch Bros location. Customers travel from near and far to shop and experience the curated clothing, accessories and gift offerings, as well as highly trained staff who assist in creating outfits to suit the individual needs of each customer. Customers are welcomed into the boutique as if they were welcomed into a home, providing a kind and helpful experience without the pushiness or apathy of large stores.
The customer base is loyal and devoted, and still growing with 50% new customers. In addition to a profitable brick and mortar store, the website is an excellent additional revenue stream, with huge growth potential. It is rare to find such an established business with growth potential in multiple areas.
With years in the retail business, this is the first time the owner has been thanked by customers, daily, for opening the boutique. The selection is curated with a mix of boho chic style and lifestyle fashion, on trend yet effortless, attracting multiple generations: Mothers, Daughters and Grandmothers shop together, each able to purchase pieces, interpreting items to fit their individual style. The boutique is adept at selling outfits from head to toe, generating multiple sales which achieve high rate of average sales.
The owner lives out of state and the business has thrived, with the owner managing the business absentee with a great staff. A new buyer has an opportunity to own a turn-key boutique and focus on studying the business and shaping the strategy while the business is being run day to day.
*Total sales price is for the business. Inventory will be reconciled to total sales price at closing.
Listing Details
- Price: DH 325,000
- Down Payment: DH325,000
- Sellers Discretionary Earnings: DH 105,894
- Total Sales: DH 566,688
- Location: Josephine County, Oregon
- Inventory: DH 70,000
- FF&E: DH 46,726
- Employees: 5
- Year Established: 2017
- Reason for Selling: Owner retiring
- Category: Clothing
Business Listed By:
- Dan J. Walkowski
- Phone: (503) 820-0063
- Email: dwalkowski@tworld.com