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