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Iconic Retail Home Decor And Casual Clothing Store

Stuart, FL, USA
Listed 68 days ago

Iconic and electric retail home decor and casual clothing store located in a quaint resort style downtown waterfront shopping district. Legacy business established 26 years with absentee Owner calling it a day and looking for a worthy successor to carry on the tradition, E-commerce website with shopping cart, Great downtown location in Florida's crown jewel, the Treasure Coast with an assignable 5 year lease and 3 year option. Neat inventory and super cool vibe in the store, fun place to work and nice clientele. SDE assumes Owner/Operator. Excellent opportunity for Owner/Operator, Partners or a Husband and Wife Team.

Location

In-Line Retail in a quaint resort style downtown waterfront shopping district.

Employees

6

Lease Terms

Lease Type: Inline retail Current Expiration Date: August 31, 2030 Renewal Option: 1 additional 3-year option

Real Estate

Lease

Trading Hours

10-10 Monday Thru Saturday 10-6 Sunday

Leasehold Rent

$154,297 per annum

Years Established

26

Support & Training

2 weeks of training at no cost.

Expansion Potential

The business has opportunities for growth through expanding its online presence, increasing its selection of seasonal and coastal-themed merchandise, and adding complementary products such as gifts and accessories. Growth can also come from attracting more tourists and seasonal residents through local events, social media marketing, and partnerships with nearby hotels and businesses.

Competition / Market

The market is favorable, supported by local residents, seasonal visitors, and tourists drawn to the Treasure Coast’s waterfront shopping districts. Competition includes boutique clothing, home décor, gift, and lifestyle retailers, but the store can differentiate itself through its unique combination of casual apparel and coastal-inspired home décor, along with its quaint resort-style location and personalized shopping experience.

Inventory / Stock Value

$100,000

Reason for Selling

Pursuing Other Interests.

Financials

Asking Price
$450K
RevenueMost Recent Year
$872K
Earnings (SDE)Last Reported
$161K
Assets ValueIncluded in Asking Price
$25K
Seller Financing
Not available

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