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Location: Central Westchester, New York County, New York
Primary Category: Retail - Apparel & Accessory Stores
Secondary Category: Retail - Miscellaneous Retail
Your Reference ID: 413
Financial Information
Asking: $199,000
Gross: $516,000
Cash Flow: Not Disclosed
Furniture, Fixtures & Equipment: $20,000
Inventory: $75,000 (included in price)
Summary Description
This is a very unique Woman's accessory and skin care boutique. Financially stable in spite of the 2008 economy, sales remained flat. That is terrific performance when much retail fell off 20-40%. Gross margins can be documented at 55-60% Owner works one day a week due to family needs at home. An owner operator will significantly improve performance by increasing sales and decreasing payroll expenses. Very chic, very high end lines that would require thousands to open. Great store, location and ready to grow.
General Information
Facilities: Very appropriate interior. Great use of color, Inviting. 1,050 square feet. Located in one of Westchester's affluent villages. Good parking, strong local support.
Competition: This is the only shop of it's kind for many miles.
Growth and Expansion: Become an owner operator. Current owner is virtually absentee, working in the store for only one day.
Reason Selling: New Baby
Year Established: 2003
Employees: 3
Contact Information
Contact: Steve Lovas
Phone: 914 552 0888
Email: slovas@chandalar.com