Established lifestyle boutique in one of WNC's most popular downtowns

Hendersonville, NC

Asking Price:	$325,000
Gross Revenue:	$490,672
Rent:	$3,500
Established Year:	2002

Cash Flow:	$84,705
Inventory:	$95,000
EBITDA:	$77,570

Listing ID: 2199467Listing provided by BizBuySell

BUSINESS DESCRIPTION

Since opening in 2001, this business has established itself as the "go to" boutique for home décor and gifts. It is often described by discerning customers as "one stop" shopping. A functional and fashionable selection of products from key, well recognized vendors have been chosen based on today's active lifestyles. Area locals provide a solid customer base which is supplemented by the many guests visiting the area. It is located in a historic building in a prime downtown location.

DETAILED INFORMATION

Location

Hendersonville, NC

Inventory

Included in asking price

Real Estate

Leased

Building SF

2,340

Lease Expiration

30/11/2034

Employees

Facilities

Prime downtown main street location with recent improvements to the interior.

Competition

The Hendersonville market continues to grow, as a critical Asheville metro area destination and continual addition of full-time residents.

Growth & Expansion

- Adding in e-commerce to the company’s offerings. - Expand social media platforms. - Increase advertising through radio/tv. - Maintain maximum inventory consistently. - Expanding hours is an easy adjustment to immediately capture more commerce/week.

Support & Training

Seller is willing to stay on following transaction - to train new owner in all aspects of the business and attend trade shows, if requested.

Reason for Selling

Retirement.

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