HIGH-END BOUTIQUE IN NICHE MARKET!
Seller:
Attn:
Ryan Clark
Location:
West Hollywood, CA, USA
Listing Number:
"BabyCloth"
Overview of the Business:
This high-end boutique services its niche market via its unmatched retail location, as well as its formidable online sales department that meets discerning client’s needs across the nation (and beyond). The store is unlike the vast majority of its competitors as it provides top of the line products to an “A-List” celebrity filled client base while offering them superior Rodeo Drive style customer service.
Property Features and Assets:
This incredible retail store and online e-tailer operates out of some the country’s most coveted shopping real estate. The 7,000 square foot facility leases for approximately $21,000 per month on a secure, long-term lease valid until 2016. All of the company’s assets are wholly owned, and included in the sale. The store’s inventory, which is valued at over $300,000, will be sold at cost at the close of escrow.
Market Competition and Expansion:
The internet has certainly made a variety of products available, however, this bricks and mortar and internet operation offers its discerning customers the best of all worlds. They provide local customers a large shopping facility that houses most the of the firm’s products, while those unable to visit in person can purchase the world’s best products in this niche category at the click of a button, but still enjoy the benefits of the firm’s stellar customer service.
This unique enterprise was recently founded in 2006, and has grown ever since! Even with the recent economic downturn the firm and its product offering has continue to grow, and sales have remained steady. This retailer, which already boasts over $200,000 in annual internet sales, has the opportunity to not only continue to grow its internet operation, but also to open additional retail showrooms in those places with similar client demographics - Newport Beach, La Jolla, Manhattan, the Hamptons, etc. Of course, there are also several opportunities for the brand to expand into additional related project segments – which will allow its owners to continue to cater to the exact same client base.
Additional Details:
Contact this Seller
To contact the seller of this specific business for sale please complete and submit the following form. *All fields are required.