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Listing Number: 3884
Stylish Women's Boutique in the heart of Fort Lauderdale-SALE OF ASSETS
SALE OF ASSETS: This is a rare opportunity to take over an ongoing business and its retail location in the most desirable area of Fort Lauderdale on Las Olas Blvd. This stylish women’s clothing boutique was established in 2021 and has a below market rent. There are three years left on the first five-year option with an additional five years remaining with only a three percent escalation clause.
Boutique retail sales include but are not limited to women’s clothing, accessories, shoes, handbags, jewelry, watches, beauty products and fragrances, home décor items and any related items.
The store is open and conducting business. Sales are tracked through Spotify POS, the well-established, interactive website, Facebook and Instagram. They have many repeat customers.
This Sale of Assets shall include approx. $155,000 in inventory, $54,500 of Furniture, Fixture and Equipment (FFE), and $40,000 of Leasehold Improvements. Seller would offer to mentor or stay longer for transitions.
If looking to purchase a women’s clothing boutique in South Florida, there is no better location than Las Olas Boulevard!
Listing Broker
Patrick-Gagliardi
Chief Operating Officer
Phone: 954-633-7278
Email:
pgagliardi@capitalbbw.com
- Category: Apparel and Accessory Stores
- Asking Price: $225,000
- Gross Sales: $0
- Cash Flow: $0
- County: Broward
- Area: Las Olas Blvd. Fort Lauderdale, Florida
- FFE: $ 54,500
- Inventory: $155,000
- Real Estate: $0
- Employees: 0 - Full-Time 0 - Part-Time
- Facilities: 1736 sq. ft. retail store
- Relocatable? No
- Home Based? Yes
- Market Notes: This trendy and stylish women's boutique promoting selling on their interactive website, along with a Facebook and Instagram presence. Many repeat customer.
- Growth Notes: Continue to bring in new lines of merchandise to attract a more diverse clientele and more marketing techniques on social media.
- Support Training: Seller will assist in the orderly transition.
- Year Established: 2021
- Financing Terms: Cash Buyer only. Not lender qualified.
- Reason for Selling: Divest the asset to work on other projects
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes