Listing Number: 60270-647679
Description
Established in 2020, this thriving resale boutique has evolved from its humble beginnings of street selling and trading to a highly regarded brick-and-mortar destination. More than just a retail space, this business has cultivated a community centered around the passion for sneakers, apparel, and the vibrant culture that surrounds them. The proud founders are now offering this unique establishment for sale to pass on the legacy to a new owner who shares our dedication to authenticity, community, and style.
Key Highlights:
Passionate Community: Beyond the products, the boutique is a hub for a diverse and enthusiastic community of sneaker and fashion enthusiasts. The space has become a cultural hub, hosting hundreds of guests weekly that celebrate the shared love for style.
Authenticity Guarantee: They ensure that every item in our inventory is 100% authentic. Their rigorous on-the-spot authenticity checks set us apart, providing customers with confidence and peace of mind when making a purchase.
Prime Location: Situated in a strategic and bustling location, the brick-and-mortar shop enjoys high foot traffic, ensuring visibility and accessibility for both regular customers and newcomers alike.
Strong Online Presence: Complementing the physical store, the website and digital presence expands their reach and customer base. With worldwide shipping offered, their customer base is limitless.
Proven Growth: From its roots as a street-level operation, the business has experienced growth which showcases its potential for further expansion under the right ownership.
Details:
• Industry: Fashion Retail
• Founded: 2020
• Location: Cincinnati
• Physical Store Size: 1200 square feet
• Rent: $2250
• Inventory: Diverse range of authentic sneakers and apparel: $95k in inventory at retail - included in the price.
• Reason for Sale: Pursuing other ventures
Included in the Sale:
• Existing Inventory
• Customer Database
• Established Online Presence
• Name, Branding, and Marketing Materials
• POS System and Inventory Management Tools
• Training and Transition Support
• All assets including furniture, fixtures, and equipment
Summary:
• Asking Price: $120,000 negotiable
• Inventory: $95,000 at retail
• 2023 Sales: $100,000
• 2023 SDE: $30,000
Seller financing might be available. Please inquire.
Listing Details
- Price: $80,000
- Down Payment: $50,000
- Sellers Discretionary Earnings: $30,000
- Total Sales: $100,000
- Location: Hamilton County, Ohio
- Inventory: $95,000
- FF&E: $0
- Employees: 2
- Reason for Selling: Other Interests
- Category: Retail Miscellaneous
