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 boutique came out of the pandemic celebrating their best year ever, while continuing the growth in 2022 and increasing sales year-to-date by an additional 19%. 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.

The business has been SBA pre-approved for an eligible buyer.

Financial Overview

Asking Price: $2,000,000 + Inventory

Revenue: $1,507,913

Income: $462,405

Multiple: 4.3x

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