Business & Asset Sale of an upscale Women’s Fashion Clothing and Accessory Retail Store Company locating in the upscale Carmel City Center, an Indianapolis suburb.
This Offering has been compiled pursuant to a contractual relationship between CRE Resources, LLC, (Broker/Consultant) and the TBD (Owner/Seller) for whom Mark Mueller is the designated Business Broker for this transaction. The information and materials contained herein are derived from information and materials provided by the client or its representatives including, but not limited to, business history, operating procedures, financial statements and reports, income tax returns and assumptive data. The Business Valuation may also include estimates of value, which may be subject to independent appraisal.
The consultant has not audited, nor has it caused an audit of, the books, records or financial statements of the seller. Accordingly, the broker makes no representations, expressed or implied, as to the accuracy of such books, records or financial statements or any conclusions drawn from them, nor shall the broker be liable in any manner for any loss, damage or injury resulting from the inaccuracy of the information and materials contained herein.
Business Name: | TBD - (Women’s Fashion Boutique) |
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Property Address: | TBD |
NAICS/SIC/Category | 448120 - Women’s Clothing |
Business Sales Price | $450,000 |
Ownership: | Corporate Owned |
Website: | TBD |
Social Media / FACEBOOK: | TBD |
Social Media / INSTAGRAM: | TBD |
Assets: | Business Name, Inc transfer, Inventory, Intellectual Property, Furniture, Fixture, Equipment, Marketing Rights, Signage, Leasehold Improvements and Lease Rights |
Lease Liabilities: | 5 years remaining on lease |
Lease Term: | 12/24/2022 - 12/23/2027 (5 Year Renewal made on 12/23/22) |
Key Dates: | Lease Expiration: 12/31/2028 |
Gross Monthly Total Rent: | $4,691.33 (Year 1), $4,785.16(Years 2-3), $4,880.86 (Years 4-5). |
Utilties: | Trash, Electric, Water, Sewer, 1 Telephone Line, by Landlord, included in rent. |
Available sqft. | Total of 1,398 sqft. (Suite 100B (546 sqft), Suites 100A,C, Suite D 244.80.sqft) + storage room) |
Remodeled / Upfit: | June 2013 |
Operating Status: | Open and Operating by the current Owner. Hours: Monday 10:00 am - 6:00 pm, Tuesday 10:00 am - 6:00 pm, Wednesday 10:00 am - 6:00 pm, Thursday 10:00 am - 6:00 pm, Friday 10:00 am - 6:00 pm, Saturday 10:00 am - 5:00 pm, Sunday 12:00 pm - 4:00 pm |
Opened for Business: | Business originally opened in 2011 in another location, In June, 2013 the Business opened in its current location |
Market (MSA): | Indianapolis, IN |
SubMarket: | Hamilton County |
Trade Area: | Carmel |
Center/ Neighborhood: | Carmel City Center |
Available: | 10/1/2023 |
CONTACT: | Mark Mueller |
INTERMEDIARY: | CRE Resources, LLC |
PHONE: | 856.745.9706 |
EMAIL: | [email protected] |
Offering Memorandum Link: | https://offeringmemorandum.creresources.biz/14Districtswomensfashionboutique |
For the “right” buyer, this is the “right” retail business! Ideally, this business is well suited for an owner/operator who has a flair for fashion, a customer service demeanor and experience operating in an upscale retail specialty store environment.
Potential Buyers: Please review and complete the following documents if you would like to obtain additional information on this business or make an offer to purchase this business:
Business Buyer Profile - Individual
Business Buyer Profile - Company
Non-Disclosure Agreement (NDA-Buyer)
Business Purchase Letter of Intent
Business Operations and Merchandising
This Women’s Fashion Dress Boutique is an upscale women’s fashion boutique selling women’s casual and special event clothing and accessories. Featured as a global collection of fashions from Athens, Florence, Amsterdam and Antwerp. The business boasts exceptional sales performance and growth a low 6% occupancy cost and a 47% profit margin. The business is operating out of a 1,398 sqft. of ground floor, retail selling store space located on a main street corner of the TBD City Center, a mixed use project, located in an upscale bedroom community of the Indianapolis, IN MSA
The store features international designer clothing collections from Pearl & Caviar, Johnny Was, Planet, Place du Soleilm Rails, One Season, Love the Label, Elina Linardaki, Angela Caputi, Squeeze de Citron, CP Shades, and Araminta James.
Marketing Strategy (as stated on the website)
Curated Cool
“For over a decade (this Women’s Fashion Dress Boutique) has set the tone for understated, elegant and relaxed style”
One-on-one service offering curated collections from around the globe
“A special boutique with pieces from Athens, Florence, Amsterdam and Antwerp - to name a few. From everyday, casual pieces to unique finds for a special event, 14 Districts will quickly become your one-stop-shop for a beautiful assortment of clothing and accessories whether shopping online or in our store”
Owned and Operated: The current President and Owner of the (Women’s Fashion Boutique) started the business in 2011 and is actively involved as an Owner/Operator, interacting directly with every customer who shop the store and the vendors that service the business. The Owner is planning on pursuing another business endeavor and has decided to sell this business to an owner/operator who will assume the day to day operations, administration and merchandising of this store. The Owner would also consider an investor or corporate purchase of the business, provided the brand and merchandising will remain available to its loyal customer.
The operations and management of (Women’s Fashion Boutique) is attractive work and is an exceptional run and managed specialty shop. It has a strong market position within the women’s ready to wear asset class of retail stores.
This is a turnkey retail storefront business and can continue to operate from its existing location, with all existing leasehold improvements, furniture, fixtures, equipment, signage and branding in place. The store is fully stocked with recent, fashion clothing and accessories and has exceptional vendor sourcing in place for reorder and new merchandise SKUs.
It has working systems that obviously work well for the business.
The brand has a very loyal following of existing customers, an effective social media marketing program and, with an exceptional retail location in a great trading area, attracts a high quality local clientele.
It’s stable, the business has been operating for 11 years and has found a sweet spot with its customers, offering desirable womens fashions from around the world in a beautiful selling store atmosphere.
The owner has good books and records and is willing to train and orient the new owner on the total operation and merchandising efforts required to maintain existing revenue and generate continued growth.
Employees and staff: The current owner of the Business, current functions as the Manager of the Store and is present 3-4 days per week. There are additionally 3 Part Time Staff that work in the store servicing customers and performing merchandising functions. These Staff members work various hours and days through the week and are paid on an hourly basis, between $25.00 - $33.00 per hour.