Retail Business For Sale in Scottsdale Arizona

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Women's Boutiquegreat Locationsba Pre-approved

Location:Scottsdale, Arizona

Category:Retail

Asking Price:$899,000

  • Sales revenue : $1,418,313
  • Net profit : $285,822
  • Furniture/Fixtures value : $50,000
  • Inventory/Stock value : $140,000
  • Women's Boutiquegreat Locationsba Pre-approved
  • Women's Boutiquegreat Locationsba Pre-approved

Business description

This boutique has carved out a unique and well defined niche in the Valley by addressing a mature clientele of women who seek quality, style, and exceptional perceived value in apparel, jewelry, and fashion accessories within a sophisticated, gallery-like environment. A large segment of this niche is well-traveled, has a strong disposable income, and is challenged to find satisfying shopping experiences in the large National stores, the proliferation of boutiques that cater to a young, trendy market, and on line where there is no advising and service. The inventory selection ranges from casual dressing (interesting tee shirts, denim, and comfort fit lines) to daytime and evening event dressing. The hallmark of the merchandise selection is defined by an artistic, fashionable edge and a wide range of sizes, from 2 - 14, so that the vast majority of customers can find a look to fit their shape and personal style. The outstanding reputation of this boutique in The Valley and beyond has been earned through its carefully curated selection and, also key, the highest standard of customer service. The seasoned, exceptional staff treats every customer with respect and special attention, which is a large reason for clientele loyalty. Customers enjoy personalized service that is rarely experienced in other stores and is altogether absent in the on line shopping experience.

Other Information

  • Selling Assets: Provided by Broker
  • Real Estate: The business is located in a tasteful ±1,300 square foot suite in a well-known "high end" commercial center with frontage to a very busy east valley street with very high traffic counts. The location is AAA and it contains a mix of businesses that include two restaurants, additional retail, a boutique bank, and specialty service business. The store has excellent exterior signage with easy access and egress and there is reserved (with metal signage) parking spaces right in front of the storefront. Of specific importance for future potential is the current construction of a landmark, large scale luxury resort and residential project which is literally, adjacent to the center where the business is located.
  • Competition: There is minimal competition in the local marketplace for this business. There are limited other retailers who may carry a small piece of the pie (i.e.a specific brand or category) but none have managed to address the broad variety of categories in a way that draws customers with a mix of wants and needs.
  • Expansion: Although the retail sector is experiencing a downturn due primarily to large online companies, due to the focus on a specific niche which is very uncommon in the retail marketplace, this business has defied the odds to be exceptionally successful in a category that is often not. The development of an on-line shopping presence would only enhance the profitability of this company, and the structure has been put in place to do that.
  • Years Established: 2013
  • Employees: 5
  • Support Training: Sellers recognize that both customers and staff must be transferred to buyer thoughtfully and at the proper pace for all concerned. Seller is flexible regarding the familiarization period to provide thorough training of buyer and for smooth execution of the mutually agreed transition plan. Seller will include 30 days of familiarization and training included in the purchase price and the period beyond that can be addressed through an independent consulting agreement, if needed.
  • Reason For Selling: Other Business Interests
  • Lease Terms: Provided by Broker
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