Los Angeles Beach City Upscale Boutique

Business Description

For sale is a high-end contemporary boutique based in an upscale Los Angeles beach city. This boutique sells women’s & men’s clothing, jewelry, and specialty gifts.

The professionally-designed store is a turnkey operation with an extremely loyal following and established local and global clientele. It has been featured in numerous local and national publications.

Due to its prime location and its much sought-after contemporary brands, this boutique has a very strong presence in this affluent local market. The boutique is stocked with leading contemporary clothing brands and has a growing online business, established clientele, robust email database, and growing social media following. Additionally, the owner has an extensive CRM database with years’ worth of data featuring clientele buying history, contact information, vendor sales, as well as, sell-through percentages and margins.

This is a turnkey operation for a buyer to take over a thriving business and continue to scale both the brick and mortar and Ecommerce operations.

 

Financial Overview

Asking Price: $995,000 + Inventory

Revenue: $1,382,970 (2021-2023 avg)

Income: $408,193 (2021-2023 avg)

Multiple: 2.4x

The listing is either pending or closed so the NDA cannot be signed