Annual Revenue: $1,710,000
Minimum Equity Required: $500,000
Location: Nova Scotia
Listing ID: 1305
Listing Status: New
If you're looking for a once-in-a-lifetime opportunity to own a highly successful luxury women's boutique, look no further! This boutique has been a beloved part of its charming community for 14 years, offering a one-of-a-kind shopping experience that keeps customers coming back time and time again.
With a carefully curated selection of home decor, women's clothing, footwear, and accessories, this boutique offers luxury and sophistication. But what really sets this boutique apart is the unparalleled shopping experience it offers. From the moment customers step through the door, they're greeted with an inviting ambiance that sets the stage for a truly memorable shopping experience. And the knowledgeable and friendly staff are always on hand to provide personalized attention and help customers find the perfect look for any occasion.
This boutique has just come off its best year yet and is perfectly positioned for additional growth and expansion into the e-commerce market. With a loyal customer base and a reputation for excellence, the opportunities for continued success are endless.
If you're an experienced retailer looking for a new challenge, or an entrepreneur looking to break into the women's boutique industry, this business is the perfect opportunity. Don't miss your chance to own a highly successful luxury women's boutique that offers a one-of-a-kind experience for customers. With 14 years of success behind it, this boutique is ready for its next chapter - could it be with you?
The sale is structured as a sale of 100% of the authorized and issued share capital of the company. The asking price of the business considers the Working Capital to be adjusted at $0 at the time of sale, as such, an additional $150k should be anticipated, by way of equity and/or financing. Any clarification, we're here to help.
By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.
Annual Revenue and Seller's Discretionary Earnings:
The working capital requirements of the company has typically been in the $150k range.
* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
** Our expectations are for a minimum 35% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
The property is leased on a 15 year term, with a 5-year lease renewable.
The current rate is $4,487.50 per month or $53,880 annually.
The property is using city water and sewer.