Unique & Upscale Children’s Boutique in
Fairhope
Fairhope,
Alabama
Financials
Asking: $385,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $15,000
Inventory: $250,000
Gross: $327,974
Cash Flow: $91,715
Summary
Description
This beautiful boutique in downtown Fairhope has been established for 15 years.
A great location and reasonable rent make this shop an attractive and fun
retail opportunity. The exclusive lines of children’s clothing and related
items attract parents and grandparents from several states as regular shoppers.
Invest in this classy business and
enjoy living in one of the most beautiful communities in America. Fairhope,
Alabama on the Eastern Shore of Mobile Bay, has received many quality of life
awards. A few years ago, it was voted "The World's Prettiest
Village," beating in the final vote a town in the South of France! Most
recently, the community was featured in a Wall Street Journal article and in a
piece in the Toronto News of Canada extolling the many advantages of Fairhope
and its unique history as America's only "Single Tax Colony." If
you're not familiar with Fairhope, you owe it to yourself to discover our
beloved community.
General
Information
Year Established: 1994
Employees: 1 PT + Owner
Facilities: The shop operates from an excellent downtown Fairhope
location of 1,800 square feet leased from an unrelated party for $1,800 per
month.
Market
Outlook
Competition: The Baldwin County market was recently ranked by Policom, a
firm that studies local markets, as the 11th strongest micropolitan economy in
America and the number one local market in the 6 state region! This is out of
the 674 local markets studied by Policom.
About
the Sale
Support/Training: The Seller is committed to a smooth transition and
will thoroughly train a new owner in all aspects of the business.
Reason Selling: Death in the family.
Contact
Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251.990.5910