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Broker Name:Michael Greene
Broker Email:info@samgoldenberg.com
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Santa Fe Luxury Fashion Boutique for Sale
(Retail & Wholesale, Boutique)
Santa Fe & North Central Region, New Mexico
Listed Price: $ 435,000
Listing ID: 1671526

Listing DetailsGross Revenue: $ 654,698
Cash Flow: $ 92,953
FFE: $ 25,000 (Included in Price)
Inventory: $ 75,000 (Included in Price)
Training & Support:

The training and transition phase to be negotiated. To help secure a smooth transition, the Seller will make personal introductions with vendors and is offering to accompany the new owner to a tradeshow and major buying trip. A top-notch staff also helps make this business easy to operate.


Listing SummaryBusiness Description:

For over 50 years, this downtown boutique has been a destination for bespoke fashion. Consistently ranked by Santa Feans as one of the top stores in its class, location, longevity and longstanding customer relations have secured consistent financial performance. This a turnkey opportunity with established vendor relationships, a retail model that has provenresilient under various economic conditions, and a staff skilled at customer service and visual merchandising.

An expanse of display windows creates a bold street presence and invites customers inside. The curated collection, including a proprietary fashion line, demonstrates timeless appeal. Multiple generations of patrons drawn from the local and tourist populations have made a habit out of relying on this shop to refresh their seasonal wardrobes and hone their style. Many have introduced their daughters and grand-daughters to this family tradition, while word of mouth and location bring new customers through the door.


Competition:

The boutique’s quality collection cannot readily be found elsewhere in Santa Fe or online. The reputation for customer service has established a large, diverse following.


Potential Growth:

New owners can look at introducing new designers and expanding the selection beyond the current clothing, jewelry and fashion accessory lines.


LocationLease Expire: 0000-00-00
Option: 5, 1 year options
Type of Location: Commercial
Facilities:

Set near a busy corner, the boutique is ringed with popular eateries, hotels and complimentary retail. Housed in a historic building, the flowing 1,200-square-foot space features built-in cabinetry, display shelving, and three dressing rooms. A bank of windows brings in ample natural light. The space also includes a storage area and office.


OperationYear Established: 1968
Employees: 1 FT, 4 PT
Absentee Owner: No

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SUNBELT NEW MEXICO

Michael Greene, President
126 E. De Vargas Street
Santa Fe, NM 87501
Phone: (505) 820-0163
Toll-free: 1-844-GO-NM-BIZ
Fax: (505) 992-9901
info@SunbeltNewMexico.com

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